Thursday, July 30, 2015

Fed Chair Yellen Testified about Potential of Regulating Bitcoin

ARE CRYPTOCURRENCY’S LEGAL? As far as U.S.A. is concerned, there has been no formal advanced activities and opinions from the Federal Reserve since the following scene. They have seemed to keep the standing of the nonchalant bystander until now. The Senate Banking Committee and Senate Homeland Security Committee held hearings on Bitcoin back in November of 2013. The outcomes were largely positive for Bitcoin with the Obama administration and Senate willing to leave Bitcoin/Cryptocurrency alone for now. Senator Joe Manchin (D-WV) has called for a ban on bitcoins, and the Senate Banking Committee brought in the Federal Reserve Chair Janet Yellen to testify about the potential for regulating Bitcoin. The thing is there is NO such potential for regulating Bitcoin, Yellen said, at least not now. Yellen testified that Bitcoin “a payment innovation that's taking place outside the banking industry”, and added: To the best of my knowledge there’s NO intersection at all, in ANY way, between Bitcoin and banks that the Federal Reserve has the ability to supervise and regulate. So the Fed doesn’t have the authority to supervise or regulate Bitcoin in any way! ​ You can earn and learn BitCoin here at CLICK !!

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Sunday, April 5, 2015

Free BitCoin Miner

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Monday, March 16, 2015

BitCoin is Plot of U.S. Intelligence Agencies



A lawmaker from the Liberal Democratic Party of Russia is speaking out against bitcoin and other digital currencies on the grounds the technology is part of a US plot to undermine the country’s efforts internationally.
The comments, made by MP Andrei Svintsov, came during remarks addressing the ongoing debate in Russia over whether bitcoin and digital currencies should be banned as part of a broader effort to stop capital flight.
Nonetheless, Svintsov’s remarks count as some of the more extreme to emanate from the discussion. Svintsov told Russian broadcast news agency REGNUM:
"All these cryptocurrencies [were] created by US intelligence agencies just to finance terrorism and revolutions.”
Svintsov reportedly went on to explain how cryptocurrencies have started to become a payment method for consumer spending, and cited reports that terrorist organisations are seeking to use the technology for illicit means.
While pointed, the statements do not seem to represent the views on bitcoin from within the federal legislature. For example, the chairman of the State Duma Committee on Financial Markets has stated as recently as August that she opposes criminal penalties for bitcoin use.
Svintsov has also been associated with such movements as one that would find tobacco and alcohol products removed from the windows of retail outlets.
Russian Duma image via Shutterstock

러시아 자유 민주당 출신 입법 의원이 비트코인과 기타 암호 통화를 공격하는 발언을 했는 데, 그 이유는 그런 기술이 미국의 음모의 일환으로 러시아의 국가적 역량을 국제적으로 잠식하려는 데 있다는 것이었다.

이러한 주장은 듀마 멤버인 안드레이 스빈쵸프가 했는 데, 그 발단은 자본 도피를 막기 위해서는 비트코인 등 디지탈 통화의 유통을 금지시켜야 하는 가에 있었다.

어쨋든 스빈쵸프의 주장은 극단적인 것 치고도 심한 것이었다. 러시아 뉴스 에이전시인 레그눔과의 회견에서 다음과 같이 말했다:

   "이 모든 암호 통화는 미국 정보 당국이 개발한 것으로 단지 테러와 혁명의 재정적 지원을 위한 것이지요."

그는 암호 통화가 어떻게 소비자 지급 수단으로 시작되었는 지 장황하게 언론 보도를 인용하고 또 테러 단체들이 불법 목적으로 이 기술을 사용하려 하는 지를 전했다.

이런 주장을 하는 가운데에서도, 비트코인에 대한 연방 입법 기관내의 다른 견해가 있다는 사실에 대해서는 언급을 하지 않았다. 예를 들면 최근 8월에 있었던 듀마 금융 시장 위원장의 비트코인 사용자에 대한 형사 처벌 반대 입장이다.

스빈쵸프는 또한 소매 아울렛 점포에서 담배와 주류 제품을 치우는 운동에도 관련해 왔다.  

Saturday, February 7, 2015

Life inside a Chinese massive BitCoin mining factory



 Though you don't set up this kind of the BitCoin mining factory all by yourselves, you can earn BitCoin or equivalent Euro money with investing your computing powers from your desktop computers without the money out of your pocket or your affordable seed money.

 Not a Chinese mine but an Estonian one, Cointellect awaits for you to lend your computing powers both of Central Process Units and Graphic Process Units or to put your money to the collective mining pool for your lot or stake.

 You can earn from a few Euros up to some thousands Euros per month and further more by recruiting the like minded people.  

'BitCoin is better than Currency'

Friday, January 2, 2015

"Banks are to Fall from BitCoin Spread" predicts Tapscott

"The conventional banks are to fall down from BitCoin spread." said in prospect Don Tapscott, the chairman of the Tapscott Group on his interview with Chosun Ilbo newspaper, "All of us will behold the situation that the role of the BitCoin, the virtual money as the most remarkable trend among 3 IT disruptive innovations of the diffusion of the electronic cash and the perish of the conventional banks, the radical development of the internet of things and the 100% digital educational revolution will change 180 degrees," and "the traditional banking institutions will probably fade away."

"Why do you consider the BitCoin, the digital money as the top listing of the mega trends?"

"2015 will be the year when the BitCoin will be activated in the mainstream beyond the level of the mere curiosity. Please pay attention to the information site of the BitCoin called Blockchain. It's the BitCoin site and the mobile app mostly visited from the world and functions like kind of the bank with recording of all the transaction of the digital cash, sorting out the fake and the deformed and storing the currency. I think the growth of the virtual currency will let the conventional banks transformed to other types or shut down at all."

Don Tapscott(68), the chairman of Moxie Insight,the worldly futurologist and the digital guru has circulated the concepts of wikinomics, prosumer, digital economy and crowdsourcing as the common words of nowadays.