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Cryptocurrency

Wences Casares: The Bitcoin-Obsessed Serial Entrepreneur

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Wences Casares

Source: www.coindesk.com

Wences Casares, founder of bitcoin security company Xapo and serial entrepreneur is "obsessed" with bitcoin.

"I truly believe that it may change the world more than the Internet did. I truly believe that [because of the] 4 billion people who live on cash today. It is the biggest step forward in the democratisation of money we've ever seen," he told CoinDesk.

Widely referred to as the digital currency's "patient zero" – a term coined by LinkedIn co-founder Reid Hoffman – the entrepreneur is credited with spreading the word about the digital currency throughout Silicon Valley and reticent financiers on Wall Street. A mission which, he said, has drawn laughter from skeptics. "Bitcoin sounds a little like science fiction at first."

It seems Casares is used to dealing with technology skeptics. Hailed with launching Argentina's first Internet service provider (ISP), he recalls speaking to the CEO of Telefonica – a Spanish telecommunications giant – about the Internet in the early 1990s, urging the executive to pay attention to the emerging revolutionary technology to little avail.

Although the comparison between the Internet and bitcoin is not new, Casares regurgitates it convincingly, drawing on his own personal experience:

"Bitcoin is exactly the same thing, but for money. It moves money from anywhere to anywhere, in real-time, for free and no one controls it and no one can stop it." Read More

 

Estonian Bank Applies #Bitcoin Technology to Create a Wallet App

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Estonian Bank Applies Bitcoin Technology to Create a Wallet App

Source: www.newsbtc.com

Estonia-based LHV Bank has given its nod to create an app that will utilize the Bitcoin blockchain technology to facilitate transactions.

The money-transfer app has been named as “The Cuber Wallet,” and will be available on both Android and Apple devices. The financial services platform i.e. the app will enable users to send and receive euros at zero costs and in quick time.

According to Finextra, LHV said:

Cuber (Cryptographic Universal Blockchain Entered Receivables) is technically a new kind of certificate of deposit that can be used as a building block for innovative financial products. The experiment will see it issue EUR 100,000 worth of “cryptographically protected” receivables claims against the bank.

The test project is said to be based on colored coins, making LHV the first bank in the world to experiment with real programmable money. Colored Coins is a colored Bitcoin minting and exchange protocol that works on top of the Bitcoin blockchain infrastructure.

Bitcoin’s public ledger i.e. the open-source blockchain will be used as a database which will also allow developers to create new functions.

With this development, the bank is aiming to promote financial innovation which would immensely benefit the smaller software developers, start-ups and cryptocurrency exchanges, rather than the big banks.

For this purpose, the bank has also set up a fintech subsidiary, Cuber Technology. Rain Lõhmus, CEO of Cuber Technology, said: “We hope Cuber can do something similar to the financial industry – liberate innovation from organisational borders, truly decentralise it. And true innovation in the financial sector will flourish.

As a financial services platform and as a financial instrument, Cuber can be used to store or generate value, transferring value, managing liquidity, and automate transactions between machines.

The beta version of the app, being developed by Cuber Technology, will be released later in 2015.

Source: www.newsbtc.com

 

Badbitcoin.org

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http://www.badbitcoin.org/images/bheaderv3.jpg

This is site with great knowledge about the bitcoin and other cryptocurrency bad eggs.

Worth to visit before any crypto investment!  http://www.badbitcoin.org/

 

Few Good Bitcoin Faucets

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You can collect free satoshis from those faucets

Moon Bitcoin collect any time

http://moonbit.co.in/img/468x60.gif?v2http://moonbit.co.in/img/468x60.gif?v2http://moonbit.co.in/img/468x60.gif?v2http://moonbit.co.in/img/468x60.gif?v2Image result for moon bitcoin

Bitcoin Zebra collect every hour

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Bitcoinker collect your free satoshis every 15 minutes


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Field Bitcoins collect any time
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Ore Mine - you have to upgrade your levels but you will earn payouts every 8 hours. Good fun :)

 

Choose your Bitcoin wallet

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Image result for online bitcoin wallets

Source: bitcoin.org

warningTake time to educate yourself

Bitcoin is different from what you know and use every day. Before you start using Bitcoin for any serious transaction, be sure to read what you need to know and take appropriate steps to secure your wallet. Always remember that it is your responsibility to choose your wallet carefully and adopt good practices in order to protect your money.

Source: bitcoin.org

 

 


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