Bitcoin Wednesday Amsterdam (Amsterdam, Nederland) Meetup

Joerg Platzer (room 77 Berlin), announces cryptocharity.org ‘Crypto economics applied to charity organizations.’ European Bitcoin Conference - 2013 Amsterdam

Joerg Platzer (room 77 Berlin), announces cryptocharity.org ‘Crypto economics applied to charity organizations.’ European Bitcoin Conference - 2013 Amsterdam submitted by satoshi_pollen to Bitcoin [link] [comments]

Daily analysis of cryptocurrencies 20190930(Market index 27 — Fear state)

Daily analysis of cryptocurrencies 20190930(Market index 27 — Fear state)

https://preview.redd.it/cj3ysjyoirp31.png?width=405&format=png&auto=webp&s=87dc996d5fae2556bc5bd1c22c6a8cceba09e286

European Banking Giant Developing Blockchain Platform And Digital Currency Payments For Transit Riders In Madrid The Municipal Transport Company of Madrid (EMT) is planning to launch a blockchain-powered application that will allow users to pay with digital currency for the company’s train and bus services across the city. Vottun, the company behind the development of the App, is one of 300 firms that submitted an application to participate in the Madrid in Motion project, which involves adding support for a digital payment system to the city’s public transportation system. To develop the payment system, the startup is partnering with Banco Santander, the fifth-largest bank in Europe. Earlier this month, Banco Santander became the first financial institution to issue an end-to-end debt-based bond on Ethereum’s public blockchain.
IRS Releases ‘Tax Cheat’ Info Raising Concerns About Crypto Theft The U.S. Internal Revenue Service (IRS) released a new report and infographic on Sept 26 illustrating unpaid or underpaid taxes for the years 2011–2013. The numbers reflect estimates based on the last such findings, for the years 2008–2010. With commissioner Chuck Rettig citing the importance of voluntary compliance, and crypto’s popularity on the rise, the IRS is growing increasingly concerned with opportunities for tax evasion afforded by the new digital money.
Japanese Government To Hold Blockchain-Themed Symposium On October 7 The Research Institute of Economy, Trade, and Industry (RIETI) will hold a symposium named Next·Blockchain on October 7. This is reportedly the first time for the Japanese government to host such a blockchain-focused conference. Attendees include Chris Dai, the Long Hash CEO, Steven Pu, the Taraxa founder and CEO, Yuzo Kano, bitFlyer co-founder and CEO, etc.

Encrypted project calendar(September 30, 2019)

INS/Insolar: Insolar (INS) will be on September 30th ERD/Elrond: Elrond (ERD) will conduct main network test on September 30th NULS/NULS: The NULS team will plan to beta the ChainBOX in the third quarter. CS/Credits: Credits (CS) will exchange tokens and bug rewards in the third quarter QTUM/Qtum: Quantum Chain (QTUM) is expected to complete lightning network beta in the third quarter XEM/NEM: New World Bank (XEM) will release mobile wallet and computer wallet in the third quarter HC/HyperCash: hypercash (HC) will complete community management agreement in the third quarter

Encrypted project calendar(October 01, 2019)

HT/Huobi Token: The financial base public link jointly created by Firecoin and Nervos is expected to be open source in October. RVN/Ravencoin: Ravencoin (RVN) Ravencoin will perform a hard fork on October 1. SHND/StrongHands: StrongHands (SHND) SHND 1000: The 1st currency exchange event will be held on October 1. ADA/Cardano: Cardano (ADA) plans to hold technical consensus meeting in Amsterdam on October 1st XRC/Bitcoin Rhodium: Bitcoin Rhodium (XRC) will record account balance awards on October 1st PPC/Peercoin: Peercoin (PPC) will perform Peercoin v0.8 (code tang lang) hard fork on October 1st

Encrypted project calendar(October 02, 2019)

BNB/Binance Coin: The 2019 DELTA Summit will be held in Malta from October 2nd to 4th. The DELTA Summit is Malta’s official blockchain and digital innovation campaign. BTC/Bitcoin: The B.Tokyo 2019 conference will be held in Tokyo from October 2nd to 3rd. CAPP/Cappasity: The Cappasity (CAPP) London Science and Technology Festival will be held from October 2nd to 3rd, when the Cappasity project will be attended by the Science and Technology Festival.

Encrypted project calendar(October 03, 2019)

ETC/Ethereum Classic: The 2019 Ether Classic (ETC) Summit will be held in Vancouver on October 3–4 ANT/Aragon: Aragon (ANT) is the AGP for the new mandatory community review period, with a deadline of October 3.

Encrypted project calendar(October 04, 2019)

KNC/Kyber Network: Kyber Network (KNC) will update the maxGasPrice parameter in the Kyber Network contract from 100 gwei to 50 gwei within 2 weeks after October 4.

Encrypted project calendar(October 05, 2019)

Ontology (ONT): Ony Ji will attend the blockchain event in Japan on October 5th and explain the practical application based on the ontology network.

Encrypted project calendar(October 06, 2019)

SPND/ Spendcoin: Spendcoin (SPND) will be online on October 6th

Encrypted project calendar(October 07, 2019)

GNO/Gnosis: Gnosis (GNO) will discuss the topic “Decentralized Trading Agreement Based on Ethereum” will be held in Osaka, Japan on October 7th. Kyber and Uniswap, Gnosis and Loopring will attend and give speeches.

Encrypted project calendar(October 08, 2019)

BTC/Bitcoin: The 2nd Global Digital Mining Summit will be held in Frankfurt, Germany from October 8th to 10th.

Encrypted project calendar(October 09, 2019)

CENNZ/Centrality: Centrality (CENNZ) will meet in InsurTechNZ Connect — Insurance and Blockchain on October 9th in Auckland.

Encrypted project calendar(October 10, 2019)

INB/Insight Chain: The Insight Chain (INB) INB public blockchain main network will be launched on October 10. VET/Vechain: VeChain (VET) will attend the BLOCKWALKS Blockchain Europe Conference on October 10. CAPP/Cappasity: Cappasity (CAPP) Cappasity will be present at the Osaka Global Innovation Forum in Osaka (October 10–11).

Encrypted project calendar(October 11, 2019)

OKB/OKB: OKB (OKB) OKEx series of talks will be held in Istanbul on October 11th to discuss “the rise of the Turkish blockchain.”

Encrypted project calendar(October 12, 2019)

BTC/Bitcoin: The 2019 Global Mining Leaders Summit will be held in Chengdu, China from October 12th to 14th.

Encrypted project calendar(October 14, 2019)

BCH/Bitcoin Cash: The ChainPoint 19 conference will be held in Armenia from October 14th to 15th.

Encrypted project calendar(October 15, 2019)

RUFF/RUFF Token: Ruff will end the three-month early bird program on October 15th KAT/Kambria: Kambria (KAT) exchanges ERC20 KAT for a 10% bonus on BEP2 KAT-7BB, and the token exchange reward will end on October 15. BTC/Bitcoin: The Blockchain Technology Investment Summit (CIS) will be held in Los Angeles from October 15th to 16th.

Encrypted project calendar(October 16, 2019)

BTC/Bitcoin: The 2019 Blockchain Life Summit will be held in Moscow, Russia from October 16th to 17th. MIOTA/IOTA: IOTA (MIOTA) IOTA will host a community event on the theme of “Technology Problem Solving and Testing IoT Devices” at the University of Southern California in Los Angeles on October 16. ETH/Ethereum: Ethereum launches Istanbul (Istanbul) main network upgrade, this main network upgrade involves 6 code upgrades. QTUM/Qtum: Qtum (QTUM) Qtum main network hard fork is scheduled for October 16.

Encrypted project calendar(October 18, 2019)

BTC/Bitcoin: The SEC will give a pass on the VanEck/SolidX ETF on October 18th and make a final decision HB/HeartBout: HeartBout (HB) will officially release the Android version of the HeartBout app on October 18.

Recently, there was a minor upside correction in bitcoin above the $8,000 level against the US Dollar. The BTC/USD pair even climbed above the $8,200 resistance. Finally, the price spiked towards $8,400, but it failed to gain momentum. Moreover, there was no proper close above $8,200 and the 100 hourly simple moving average. As a result, the price started a fresh decline below the $8,000 support.
It even broke the $7,700 level and traded to a new monthly low at $7,661. Besides, the current price action is bearish, with an immediate resistance near the $7,900 level. Additionally, 50% Fib retracement level of the recent decline from the $8,157 high to $7,661 low is also near the $7,900 level. The main resistance on the upside is near the $8,000 and $8,100 levels. More importantly, there is a key bearish trend line forming with resistance near $8,050 on the hourly chart of the BTC/USD pair.
An intermediate resistance is near the $8,040 level, plus the 76.4% Fib retracement level of the recent decline from the $8,157 high to $7,661 low. Therefore, an upside break above the $8,000 and $8,100 levels is must for a decent recovery in bitcoin. The next key resistance is near the $8,400 level.
Review previous articles: https://medium.com/@to.liuwen

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submitted by liuidaxmn to u/liuidaxmn [link] [comments]

Bitcoin may not have as high TpS as Visa, but at least with bitcoin i’ll never have to worry about this

I originally wrote this a month ago but decided not to post it. After being denied twice since, I have decided that I should post it.
Today my card was blocked in France while trying to top up credit on my phone. I was given three questions, answered each of them correctly (where i’ve lived in boulder, where my brother lives, how old my mom is) and yet I was still blocked. I was also told by my bank that there’s nothing they can do about this, it’s between visa and the merchant, so as long as I try to use visa I will always run into this problem. At any point my card can be blocked because they ask questions that cannot be answered correctly, or even when answered correctly it will still be blocked.
original post
Backstory: I lived in Thailand and had plans to go to a conference in Ho Chi Minh, Vietnam. Today I used my bank card to purchase one of the few things in life that I can’t with BTC, a visa for Vietnam. However, when going through processing I was asked three verification questions:
Not sure of the exact wording used, but it was basically how did you come to own/how did you buy/etc.. Unfortunately for me I’ve never seen that address in my life, i have no idea where it comes from as I’ve only ever lived at two residences in America, both of which I know the address to. There was option for this is not applicable to me which i chose.
My mom’s last name isn’t tackett though, so I don’t know why they’re using that name. She and my dad have been divorced since before I can remember, so they’re using information that’s out of date since at least 1995. The age ranges they gave me didn’t actually have one with her age, it was something like 25-35, 40-45, 46-55, 60+, my mom is 56. There was no correct answer. I chose the closest and went from there.
My brother moved several months ago, so again, there was no correct answer. But it did have his previous city, so I answered with that.
After all of that they deemed that it was a fraudulent transaction and wouldn’t process it. Luckily for me, the fraud department at my bank was online and was able to remove the block and for me to book my visa. So you may say, “see! the system works." However, when I had this exact same problem in 2013 while in Thailand trying to buy a flight i lost out on hundreds of dollars because I had to go to an agent and pay with cash.
I had a conversation with some people in a bitcoin wechat group im in about how much I hate banks after taking my ICBC (largest bank in the world) card to an ICBC branch in malaysia to withdraw all my money since I can’t use the card in Thailand (even at an ICBC branch). Unfortunately in Malaysia I also can’t use that card, even at an ICBC. People were saying i’m doing myself a disservice by not having a bank, but in the past 8 days i’ve been denied my money from my bank three times, once in Thailand trying to use an ICBC, once in Malaysia trying to use an ICBC, and now by Visa. I’ve never once been prompted to go through verification with bitcoin, i’ve never once been denied the ability to send money, and for the people saying the verification/restrictions are for my safety, i’ve never had as much as a satoshi stolen from me, but i have had to spend hundreds of dollars to fix the mess caused by my banks.
This is why i’ve had my salary paid 100% in bitcoin for over 2 years, this is why I hold the vast majority of my money in bitcoin, and this is why I know that bitcoin has a future. To anybody who says that the current banking system works just fine, that’s ludicrous, start traveling and nearly every day you’ll see why bitcoin is needed; fees to convert currency, 5-50%—yes, it was literally 50% to convert Vietnamese dong to Thai baht at the Phuket airport; fees to withdraw from an ATM ($6, 2%); and tons of places charge you extra 3-5% plus flat fee if you use a cc.
Other stories about why I hate banks
Story time: In 2014 I was at Bitcoin2014 in Amsterdam, had an amazing trip that forever changed my life. While there I discovered that if you don’t have chip & pin a lot of places won’t accept your debit card, and even worse that they don’t even accept cash. My bank didn’t offer chip & pin cards when mine was issued so unfortunately couldn’t use my card nor my cash. When i went back to the states in July I asked specifically for a chip and pin card but they said they still don’t offer them and that I’d have to deal with swipe and sign for the time being. So I got my card and headed off on my travels once more, this time to kyrgyzstan and kazakhstan. When I get there I receive an email from my bank that they’ll promptly be canceling my card as they’re switching everyone over to chip and pin. I could ask for a two-week extension, but that’s it, after that I’ll have to wait for my new card to arrive. They also won’t send cards abroad, so i have to have it sent to my family and then have them ship it to asia (one card has already been lost in this process). So once again, I have no way to access my money.
Second Story time: When bitcoin hit $1000 in 2013 some friends and I took a trip to the Philippines. I sold a bitcoin and had the fiat transferred to my bank account (Wells Fargo). I went to use my card at an ATM and it was denied, I called my bank and tried to get the situation fixed. After going through social security number, recent withdrawal locations/amounts, and account information they said "no problem, we’ll have it all fixed here shortly, just need you to tell me how much your monthly mortgage payments are.” I was 21 and living in Beijing, i didn’t have any mortgage payments. So he let me know that wasn’t a problem, just needed to know how much my monthly car payment was. I was 21 and living in Beijing, I didn't have a monthly car payment. I was then promptly told “bummer, nothing we can do” and had to spend well over an hour going from supervisor to supervisor before I finally got the block lifted. It’s important to note that I notified them of my travel plans well in advance of my trip.
This is why I love bitcoin, my money is actually my money and i can use it 24/7/365. Even if I need to wait 30 minutes for a confirmation, it is vastly superior to not being to use your money at all.
Tldr; Visa has deemed my transactions fraudulent several times because i was unable to answer security questions that don't have correct answers. Bitcoin has never told me I can't spend my money.
submitted by zanetackett to btc [link] [comments]

Bitcoin Foundation: Where did all the Money Go?

This week Charles Hoskinson posted a thoughtful post on the Bitcoin Foundation and his idea that an audit would help the organization break from the past.
I'm happy to support an audit provided someone can lead it and do the work involved and/ or support the costs of one.
I do remain skeptical of the value of an audit. We all know that a lot of money was wasted and lost - I detail the basics of the 2014 spending below -- it is unlikely worse than imagined as all the funds are essentially gone. I don't think much can be done about past mistakes, the people involved are no longer with the organization.
Also this week, someone on an anti-Bitcoin sub posted this data from the 990 forms and was afraid it would be censored if posted on Bitcoin.
I'm happy to post it for them, minus the color commentary and a couple of minor factual inaccuracies.
They also implied that some people would want to not have this information brought to light. I'm more than glad to. I don't defend these financial decisions as I had nothing to do with them. I also had thought the 2014 990 form with this was posted once completed this summer. At that time we were going through a website and server change and I was also recovering from a car accident, so if it was posted it wasn't in the proper place. For not having the 990 form posted in the correct section a few months back , that's on me and I'm sorry.
The bigger matter is the financials themselves.
I don't defend these financials, I certainly don't apologize for them or attempt to justify them. I had nothing whatsoever to do with these decisions.
As you can see the spending / loss was caused by:
1) a large drop in Bitcoin value costing millions of dollars - the peak foundation assets were calculated based on a Bitcoin price in the $800 range -- so, had they simply held those coins it would have seen the $6-7 million fall to $2 million or so
2) ridiculously wasteful and reckless spending
3) reasonable and legitimate expenses such as Gavin and dev salaries
I have not been presented any evidence of any theft, criminal act or similar wrongdoing but would be happy to pay a bounty of at least 10% for anyone with information and evidence of any such act leading to recovery of any funds which were misappropriated or stolen. Those who imply that there is any wrongdoing at the foundation now or by those involved now should come forward with evidence or at least a solid and specific accusation. If presented with any such evidence I would work to have justice done.
It seems strange that so many make an effort to tie those involved now to the sins of the past.
This is the point of a turnaround; to take what an organization has and make it as useful as possible. Many people think that the change in management and new focus, combined with a new mission statement can help the organization to help Bitcoin more.
I wish that the foundation hadn't had so many problems. I did think it was worthwhile to try to help the organization.
Here are the finances:
Salaries
Gavin Andresen: $147k. Chief Scientist. Salary down from $209k (salary was higher in 2013 as it was pegged to BTCUSD)
Jodie Brady: $141k. COO of the Foundation, who also served as CFO at CoinLab (Peter Vessenes' affiliate company).
Jon Matonis: $137.5k through "THE HOLE OF ROY LLC". Salary up from $31k. Jon Matonis acted as Executive Director up to October 2014.
Patrick Murck: $115k. Executive Director of the Foundation (as of November 2014). Salary up from $57k.
Contractors:
"LOCAL PRODUCER" was paid $790k to host Bitcoin 2014 in Amsterdam.
Apple Fundraising Consultants were also paid $123k for activities related to the aforementioned conference.
THEPOLICYCOUNCILCOM INC as the Foundation's 'Global Policy Counsel', paid $114k for about 9 months of work in 2014.
And the breakdown of the functional expenses, oh, so many expenses: Office Expenses: $39k up from $8k in 2013.
Information Technology: $158k up from $67k
Travel: $159k up from $69k
Occupancy: $18k up from $7k.
Accounting: $50.5k up from $9.1k.
Legal fees: $220k up from $161k.
Other: $653k, consisting of:
Professional services: $307k
Public relations: $93k
Executive Directory Compensation: $137.5k
Professional event expenses: $115k
Other salaries and wages: $471k up from $72k
Revenues : Membership dues: $335k down from $358k Conference revenue: $584k up from $337k At the end of 2014 not much was left: $366k.
2015
The beginning of 2015 still had many expenses similar to the above. At the time I came aboard those costs reduced dramatically. There were still high outstanding legal and accounting bills as well as the bitnodes funding and Bitcoin.org funding and other previous obligations that were paid.
Current spending is in the $8k / mo range
Current expenses:
Board salaries: $0
Executive Director salary: $0
All reimbursements for travel: in the range of $3000 - primarily for three speakers airfare and hotel (me, Gavin and Andreas) to DevCore, $600 in pizza for the attendees etc.
Aside from one economy flight to DevCore and the hotel I have personally not been reimbursed for any travel. I have paid some costs from my own credit card for web hosting etc which were also reimbursed - this is also a small amount, perhaps in the $2000 range
Current salaries include one part time bookkeeper and one almost full time ops director.
I'd love any feedback about what the organization can do to break from the past. We could close, sure. I'm not convinced that is what's best for Bitcoin and 8/10 top voted candidates from the last four elections don't think that's what the members want. What else can an organization do to move forward?
EDIT: BTW, here is the mission statement posted a couple weeks back by the new board - IMHO it's more productive to focus on this than the past https://github.com/BruceFenton/bitcoinfoundationplan
submitted by bruce_fenton to Bitcoin [link] [comments]

Proposal: Visiting the Blockstack conference in Berlin

To the Decred Community,
My name is Rinke Hendriksen, 23 years, and active in the cryptocurrency space since 2013. First, I was mainly interested in Bitcoin and have been following the news passively. Since July last year, I am pursuing a degree in Digital Currencies at the University of Nicosia. Besides this, I became active as an event organizer for BlockchainTalks in Amsterdam and since recently I am following the Certified Online Ethereum Course from B9 Labs. I am currently residing in Belgium, where I live together with my wife. I have a broad interest in the development of cryptocurrencies and other Blockchain projects, so Decred obviously caught my attention as well. I have been in touch with Haon in person and we talked among other things about possibilities of me representing Decred. We talked about the upcoming Blockstack event in Berlin. Keynote speakers are Edward Snowden, Nick Szabo, Elizabeth Stark and many more. The event will be focused on Blockstack, which, in my opinion would be a perfect complement to Decred. Haon and I concluded that it would be a good idea if Decred will be represented there by me. Therefore, my proposal:
Proposal
I would like to visit the Blockstack Conference as a regular attendant on the 2nd of March. Here, I will represent Decred in the best way possible, through engaging with the other audience members, handing out marketing material (if possible!) and showing my presence via diverse social media channels. My presence will be like guerrilla marketing in the sense that Decred will not officially be hiring a stand, but will unofficially be present through me.
To make this happen, I ask the Decred community to support Haon in his decision about sending me to Berlin in the name of Decred. If your approval is given, Haon will be in touch with the DHG to arrange funding. The following will be needed to make it a success:
1) A Decred t-shirt + hoodie
2) Marketing material (flyers/stickers)
3) Enough Decred to cover my travel (€60 for return flight), stay (€50 for two nights), Early Bird ticket (€541,02).
If there are questions, comments, tips or doubts: please comment below. I will be keeping a close eye to this post in the upcoming days, to ensure that I will have your full confidence.
Have a great day,
Rinke Hendriksen Facebook, linkedIn
Edit: layout
submitted by RinkeHendriksen to decred [link] [comments]

Happy New Year: Presenting the long overdue Bitcoin Foundation 2014 financial results!

Hi,
Today we continue our coverage of the glorious Bitcoin Foundation by assisting them with their own transparency goals. Just like any tax-exempt non-profit the Foundation has to file Form 990 annually, and so they did on 2015-07-23. The website with transparency goals actually previously stated "2014 will become available once filed in the spring of 2015". Par for the course Bruce 'FENTON!' Fenton figured he may as well hide it after realizing the return may reflect poorly on the Foundation. Luckily our shills over at the Foundation Center are kind enough to provide us with a copy.
Bear in mind this is the fiscal year dated 01-01-2014 ending 12-31-2014, the year Bitcoin took a massive hit. For context; the Bitcoin Foundation has one primary asset: BTC-coins. At the beginning of the year BTC-coins were still worth quite a bit (some $800), while shortly into the year they traded slightly closer to fair-value (ending the year at $316). Perhaps you would expect the Foundation to curb expenses, however that goes against the libertarian school of thought (fuck you, got mine!).
Now on to the good stuff, here's how our favorite group of libertarians spent the majority of donated funbux in one year, knowing the Foundation's assets were depleting rapidly. As Reddit is known for bullshit doxxing rules we'll stick to what is written on the return, which is very much open to public inspection. Now, without further ado;
As we discovered in 2013 the Foundation's primary goal is rewarding their board of directors & officers, as we all know they work very hard:
And there are some contractors:
And the breakdown of the functional expenses, oh, so many expenses:
The revenues improved a lot of course, as you would expect with the increased expenses:
At the end of 2014 not much was left: $366k. Of course some membership fees were coming in early 2015 which allowed the board to continue their rampage a little longer. In the board meeting minutes of 7-21 you can read that the party is over ($59k left) and expenses have been cut to $14k/month. Meeting minutes of October show "Brock says that it looks like things were going well from a revenue standpoint until February and we've lost the remaining cash since then" (LOL). Desperation strikes near the end of the meeting with Bruce 'FENTON!' Fenton asking all participants to individually raise $10k before the next board meeting. Olivier Janssens doubts this is possible, and also states he isn't happy that financials haven't been published yet. Well now they are.
In fairness to the Foundation there have been some roster changes and most (if not all) people mentioned above are no longer involved. Which may or may not have something to do with that fact they could no longer get paid by the Foundation (kidding, of course it has everything to do with that).
tl;dr Libertarians are bad at managing finances.
submitted by BTC-coins to Buttcoin [link] [comments]

Bitcoin may not have as high TpS as Visa, but at least with bitcoin i’ll never have to worry about this:

I originally wrote this a month ago but decided not to post it. After being denied twice since, I have decided that I should post it.
Today my card was blocked in France while trying to top up credit on my phone. I was given three questions, answered each of them correctly (where i’ve lived in boulder, where my brother lives, how old my mom is) and yet I was still blocked. I was also told by my bank that there’s nothing they can do about this, it’s between visa and the merchant, so as long as I try to use visa I will always run into this problem. At any point my card can be blocked because they ask questions that cannot be answered correctly, or even when answered correctly it will still be blocked.
original post
Backstory: I lived in Thailand and had plans to go to a conference in Ho Chi Minh, Vietnam. Today I used my bank card to purchase one of the few things in life that I can’t with BTC, a visa for Vietnam. However, when going through processing I was asked three verification questions:
Not sure of the exact wording used, but it was basically how did you come to own/how did you buy/etc.. Unfortunately for me I’ve never seen that address in my life, i have no idea where it comes from as I’ve only ever lived at two residences in America, both of which I know the address to. There was option for this is not applicable to me which i chose.
My mom’s last name isn’t tackett though, so I don’t know why they’re using that name. She and my dad have been divorced since before I can remember, so they’re using information that’s out of date since at least 1995. The age ranges they gave me didn’t actually have one with her age, it was something like 25-35, 40-45, 46-55, 60+, my mom is 56. There was no correct answer. I chose the closest and went from there.
My brother moved several months ago, so again, there was no correct answer. But it did have his previous city, so I answered with that.
After all of that they deemed that it was a fraudulent transaction and wouldn’t process it. Luckily for me, the fraud department at my bank was online and was able to remove the block and for me to book my visa. So you may say, “see! the system works." However, when I had this exact same problem in 2013 while in Thailand trying to buy a flight i lost out on hundreds of dollars because I had to go to an agent and pay with cash.
I had a conversation with some people in a bitcoin wechat group im in about how much I hate banks after taking my ICBC (largest bank in the world) card to an ICBC branch in malaysia to withdraw all my money since I can’t use the card in Thailand (even at an ICBC branch). Unfortunately in Malaysia I also can’t use that card, even at an ICBC. People were saying i’m doing myself a disservice by not having a bank, but in the past 8 days i’ve been denied my money from my bank three times, once in Thailand trying to use an ICBC, once in Malaysia trying to use an ICBC, and now by Visa. I’ve never once been prompted to go through verification with bitcoin, i’ve never once been denied the ability to send money, and for the people saying the verification/restrictions are for my safety, i’ve never had as much as a satoshi stolen from me, but i have had to spend hundreds of dollars to fix the mess caused by my banks.
This is why i’ve had my salary paid 100% in bitcoin for over 2 years, this is why I hold the vast majority of my money in bitcoin, and this is why I know that bitcoin has a future. To anybody who says that the current banking system works just fine, that’s ludicrous, start traveling and nearly every day you’ll see why bitcoin is needed; fees to convert currency, 5-50%—yes, it was literally 50% to convert Vietnamese dong to Thai baht at the Phuket airport; fees to withdraw from an ATM ($6, 2%); and tons of places charge you extra 3-5% plus flat fee if you use a cc.
Other stories about why I hate banks
Story time: In 2014 I was at Bitcoin2014 in Amsterdam, had an amazing trip that forever changed my life. While there I discovered that if you don’t have chip & pin a lot of places won’t accept your debit card, and even worse that they don’t even accept cash. My bank didn’t offer chip & pin cards when mine was issued so unfortunately couldn’t use my card nor my cash. When i went back to the states in July I asked specifically for a chip and pin card but they said they still don’t offer them and that I’d have to deal with swipe and sign for the time being. So I got my card and headed off on my travels once more, this time to kyrgyzstan and kazakhstan. When I get there I receive an email from my bank that they’ll promptly be canceling my card as they’re switching everyone over to chip and pin. I could ask for a two-week extension, but that’s it, after that I’ll have to wait for my new card to arrive. They also won’t send cards abroad, so i have to have it sent to my family and then have them ship it to asia (one card has already been lost in this process). So once again, I have no way to access my money.
Second Story time: When bitcoin hit $1000 in 2013 some friends and I took a trip to the Philippines. I sold a bitcoin and had the fiat transferred to my bank account (Wells Fargo). I went to use my card at an ATM and it was denied, I called my bank and tried to get the situation fixed. After going through social security number, recent withdrawal locations/amounts, and account information they said "no problem, we’ll have it all fixed here shortly, just need you to tell me how much your monthly mortgage payments are.” I was 21 and living in Beijing, i didn’t have any mortgage payments. So he let me know that wasn’t a problem, just needed to know how much my monthly car payment was. I was 21 and living in Beijing, I didn't have a monthly car payment. I was then promptly told “bummer, nothing we can do” and had to spend well over an hour going from supervisor to supervisor before I finally got the block lifted. It’s important to note that I notified them of my travel plans well in advance of my trip.
This is why I love bitcoin, my money is actually my money and i can use it 24/7/365. Even if I need to wait 30 minutes for a confirmation, it is vastly superior to not being to use your money at all.
Tldr; Visa has deemed my transactions fraudulent several times because i was unable to answer security questions that don't have correct answers. Bitcoin has never told me I can't spend my money.
submitted by zanetackett to Bitcoin [link] [comments]

Actual data: Nobody pays with Bitcoin. The unprecedented success story of Bitcoin in the Netherlands!

It's time to lighten up guys, let me tell you the success story of Buttcoin in the Netherlands. In case you didn't know: the Netherlands is a small country in Europe, best known on /bitcoin for being the frontrunner in cryptocurrencies, acquiring many upvotes. Market-research firm Multiscope confirm their views: one out of three Dutchmen knows how Bitcoin works, and another 41% have heard of it. This is not so surprising as just about every newspaper or news website writes about Buttcoin's failures, hell it even got coverage in primetime news shows. Multiscope estimated that 1% of the population own these tokens (as of December 2013).
But that's not all, not even close! The city of Arnhem has been dubbed 'Bitcoin City', the Hague has a 'Bitcoinboulevard' and Amsterdam hosted Bitcoin 2014 where subsequently BitPay opened their European Headquarters. 19 days ago the nation's biggest e-commerce payment gateway Mollie started taking Bitcoin, with /bitcoin quickly bragging about their big-name clients: ING, Facebook and Heineken. Mollie was quick to double down and now automatically provides each new client with Bitcoin services, thereby adding 800 new shops per month (unless they opt-out), on top of the 800 shops that already opted in! We even have two exchanges specifically designed to cater the Dutch market, instant and dirt-cheap. And then there are conferences, with actual speakers from meaningful institutions. To the moon!
But there's one small problem: nobody in the entire country pays with damn Buttcoins. So far Mollie processed almost 10 transactions for their 800 clients............... combined! Mollie's biggest clients such as domestic IT-shop CoolBlue saw this coming from a mile away, instantly telling Buttcoin preachers to suck it. Naturally, none of the big names Reddit listed and upvoted even touched the currency of failure. Mollie's competitor Bitmymoney isn't doing much better: usually processing multiple payments a week for their 70 clients combined. The eleven restaurants on Bitcoinboulevard that started accepting Bitcoins two months ago are in the same boat: combined they had 70 transactions (1 per day!), and multiple quit as it was too difficult. BitcoinCity-day had a surprising number of Bitcoin-paying participants (34 unique addresses), but perhaps not as surprising considering Armory came out to hand out free Buttcoins and there were other prizes involved.
So what is Buttcoin good for then? Well aside from Madoff laughing his ass off, druglords seem to do well! So far one Dutchman has managed to get himself caught in Miami, which is well known to be a great place to get caught red-handed. Many others got arrested locally for dealing insane amounts of drugs on SilkRoad. The Dutch Central Bank had about enough of all the crime; today they stated that banks better shape up quickly when it comes to cryptocurrencies. Oh well there is always the remittance market right? To the moon!
Sources here.
submitted by PayingWithActualMone to Buttcoin [link] [comments]

"The government promotes the development of Bitcoin by limiting Google and Facebook to start an alternative payment system." - Peter Šurda

This statement is from Peter Šurda in a panel discussion during the Bitcoin Europe Conference in Amsterdam on 28/9/2013. Peter Šurda's blog: http://www.economicsofbitcoin.com/
submitted by zuijlen to Bitcoin [link] [comments]

Bitcoin feelings of Netherlands, the Kingdom of windmill —Knowledge and promotion for the second stop of Bitbank business trip

Bitcoin feelings of Netherlands, the Kingdom of windmill —Knowledge and promotion for the second stop of Bitbank business trip
For this edition, early June, Bitbank is heading to the land of Windmills, tulips and Bitcoin--Holland!
Bitcoin is very developed in this country which has a population of 17 million, and from 2013, some companies that produce payment transaction software such as Bitkassa commit to help local businesses to accept bitcoin easily, to expand bitcoin community and just to make bitcoin as another payment option.
This kind of promotion is very direct. Payment companies develop their bitcoins collection and payment system to negotiate with business to install software and guide customers to scan their own bitcoin QR-code to make corresponding acceptance or payment. Currently there are more than 100 restaurants, supermarkets, other commercial organizations and even the church that accept bitcoin in the city of Arnhem(http://www.arnhembitcoinstad.nl/ ). In Amsterdam, the capital of Holland, there are about 2-3 bitcoin meetup every week, and even the secret meetup. In addition, there is also bitcoin embassy area similar with Israel , but if you want to visit, you should visit their website to check the open schedule for an appointment.
When Bitbank, the world's largest digital currency bank, visited Netherlands, there were “bitcoin in use” and "Bitcoin Wednesday" in local place.
"Bitcoin in use" (http://www.arnhembitcoinstad.nl/event) is held in Arnhem which is known as "the city of bitcoin". The conference is focused on encouraging people to use bitcoin. The first day there were very interesting speakers from a variety of sectors in Bitcoin for example a parliament member of Sweden, a Bitcoin core developer, the owner of the first physical store to accept bitcoin, the creator of a decentralized exchange, and a representative of a the privacy centered alt-coin monero.
"Bitcoin Wednesday" is held in the capital city of Amsterdam. The biggest meetup in Holland and one of the most active and well organized bitcoin events in the world which is held every week in the past 3 years without missing a day. And it is also one of the world's largest off-line meetup activity which gathers many people from all over bitcoin community of the world. Bitbank team has the pleasure of meeting Richard Kohl the founder of the Bitcoin Wednesday monthly meetup, and have a dinner in a Thai restaurant which accepts bitcoin. Virgilio, international marketing manager of Bitbank(https://www.youtube.com/watch v=W6r4iiZTEgg&feature=youtu.be) made four speeches about "A laowais perspective of Bitcoin in China", "bitcoin how to use in China", "Chinese government how to deal with the bitcoin market" and "the development outlook of bitcoin in China" and focused on the introduction of Bitbank, BW, Chbtc, which made foreign bitcoin community had great interest in the Chinese bitcoin market.
Conclusion: Holland is leading the way for bitcoin promotion and make bitcoin as a part of people's daily lives. The spirit of Bitcoin for the people and by the people is alive and growing in Holland and Bitbank was honored to have had the opportity to have visiited and met such an amazing community.
submitted by bitcoin_andylee to btc [link] [comments]

What expected/specific 2013 events should the market be watching for? xPost from Bitcointalk

There are a few events on the horizon that we definitely know (or very likely) are going to happen in 2013 and should have a positive/negative impact on the market... please provide suggestions so I can throw together a speculative calendar.
Examples:
What are your thoughts or suggestions? What should we be looking forward to? What are the catalyst?
submitted by 3itc0inEntrepreneur to Bitcoin [link] [comments]

Gridseed becomes supporting sponsor in Bitcoin 2014 conference

Gridseed, a Chinese company in chips development and mining device manufacture, will attend the Bitcoin 2014 conference, hosted in Amsterdam from 15 to 17 May, as a supporting sponsor. This is the first show of Chinese mining device company on the top international Bitcoin stage.
Bitcoin 2014 is the annual international digital currency forum, exhibition and networking conference, organised by the Bitcoin Foundation. This is the worldwide top summit in fintech industry. Last year, Bitcoin 2013, which is the inaugural conference, was held in Silicon Valley and attracted over 1,200 attendees, speakers and exhibitors. The topic for 2014 conference is ‘building digital economy’.
In addition to supporting sponsor, Gridseed also sponsor the first annual Blockchain Award organised by Bitcoin Foundation and Blockchain.info. This inaugural award is set for celebrating the creation and excellence in Bitcoin community.
Gridseed is the only company in the world that owns all the three generations of crypto-currency chips. It also has the capacity of whole industrial chain operation and is limbed with a very stable team for selling mining devices and even, going one-step further, for deployment of the devices at the customer doorstep. Gridseed has created several ‘First’ in this industry: Gridseed team is the first one that developed and produced ASIC chips for Bitcoin mining and the first one who developed ASIC chips for Litecoin mining. The well-known Gridseed mini USB mining machine was released for ready on sale in middle January 2014 and sold to more than 40 countries and regions. The current product G-Blade mining machine (‘Little Black’) is also hot selling.
Gridseed CEO Frank Lee said that to attend the Bitcoin 2014 conference was not only an indication of Gridseed’s leading position in the field of mining chips and device, but also a declaration that China has won a place in worldwide digital economy.
submitted by Gridseedminer to Bitcoin [link] [comments]

Peter Šurda, Economics of Bitcoin- The European Bitcoin Convention - 2013 Amsterdam Danny Brewster of Neo at The 2013 Bitcoin Europe Conference Decentralized Exchange Panel - The European Bitcoin Convention -- 2013 Amsterdam Alan Safahi, Zip Zap - The European Bitcoin Convention - 2013 Amsterdam Bitcoin 2013 conference - John Light - Creating an Open Personal Cloud Community

Amsterdam Bitcoin Conference 2013 (MultiBit and Trezor) September 27th 2013. Over the course of 3 days in September 2013 the MultiBit team attended the European Bitcoin Conference in Amsterdam. Day 1 - We've got a Trezor. During lunch slush provided the MultiBit team with some uncased Trezor devices. This is for the ongoing work between the MultiBit and Trezor development teams to integrate a ... The Bitcoin Foundation also picked Amsterdam to host its Bitcoin 2014 conference last May in what may have been the most high-profile testament to the city’s pull for bitcoin aficionados. Bitcoin 2013, Amsterdam. Bitcoin News; August 9, 2019; articles ; Posted by Aleksandr Zykov on 2014-06-05 14:28:01 . Tagged: , mobile , conference , bitcoin . You Might Also Like. US city says ‘screw you’ to ransomware hackers – was it the right move? August 2, 2019 _MG_1402 September 9, 2019 Interpol collaboration reduces cryptojacking malware infections by 78% January 12, 2020. Home ... The first Wednesday of every month in Amsterdam offers a unique opportunity for every Bitcoin and blockchain enthusiast. This month, it was hosted in a different location than the last two times we went there, and we were there to gather information and generate this report for you guys! This was the report of the 48th consecutive Bitcoin Wednesday Conference in Amsterdam! The Bitcoin ecosystem keeps going forward and pushes innovation all around the world. We are at a stage similar to how the internet was in the 90’s. Blockchain will continue to play an increasingly important role in the development of human society and the ...

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Peter Šurda, Economics of Bitcoin- The European Bitcoin Convention - 2013 Amsterdam

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