Ripple Says Final Guidance’ From UK Regulator Hands XRP Long-Awaited Regulatory Clarity

Ripple Says ‘Final Guidance’ From UK Regulator Hands XRP Long-Awaited Regulatory Clarity

                                

Ripple’s global head of government relations says a “final guidance”

issued by the UK’s Financial Conduct Authority is offering long-awaited regulatory clarity for XRP in the country.On July 31st the FCA published its final guidance defining which crypto asset activities it regulates. It lists XRP alongside Bitcoin and Ethereum, which have both been declared by the agency as exchange tokens – not securities.

“The FCA is therefore publishing the Final Guidance as consulted on with some amendments to provide greater clarity on what is and isn’t regulated. This includes making the important distinction as to which cryptoassets fall inside the regulatory perimeter clearer. Consumers should be mindful of the absence of certain regulatory protections when considering purchasing unregulated cryptoassets. Unregulated cryptoassets (e.g. Bitcoin, Ether, XRP etc.) are not covered by the Financial Services Compensation Scheme and consumers do not have recourse to the Financial Ombudsman Service.”

Ripple’s Michelle Bond first brought the new document to light on Twitter.

“The FCA now lists XRP in the company of BTC and ETH, both of which were previously classified as exchange and/or utility tokens (and not a security token). This is exactly the kind of regulatory clarity the industry needs.” Ripple is battling a federal court case filed by a number of XRP investors who accuse the company of selling the digital asset as an unregistered security. he investors recently filed an amended complaint against the fintech company, claiming that the development of the XRP ledger and the success of XRP are dependent on Ripple’s efforts. Ripple has until September 19th to file its response.

Article Produced By
The Daily Hodl Staff

https://dailyhodl.com/2019/08/15/ripple-says-final-guidance-from-uk-regulator-hands-xrp-long-awaited-regulatory-clarity/

David https://markethive.com/david-ogden

If Steemit and Medium Had a Baby: Publish0x Rewards Both Authors and Readers in Crypto

If Steemit and Medium Had a Baby: Publish0x Rewards Both Authors and Readers in Crypto

Publish0x, a crypto-agnostic blogging platform, has launched

with the intention to change the publishing industry by rewarding not just authors but also readers with crypto.

No ICO: Publish0x is Crypto-Agnostic

Publish0x didn’t conduct an ICO or raise funds, and it doesn’t have its own token. It is crypto-agnostic, and aims to integrate multiple tokens which can be used to send tips. The business model is to offer different projects the chance to sponsor the site and give out larger tips to all users.Although still in beta, there are over 1,000 users, tipping hundreds of times daily, and several coins have signed up to blog from the platform including Selfkey ($KEY), SpectreCoin ($XSPEC), Syscoin ($SYS), OneRoot ($RNT), Loopring ($LRC), Bounty0x ($BNTY), Banano ($BAN), Qubitica ($QBIT) and others.

Earn Crypto While Supporting the Project You Love

The biggest supporters form some of the best projects in the crypto space have already understood the powerful benefits Publish0x is offering. Hydrogen Project ($HYDRO) and Basic Attention Token ($BAT) supporters have written articles that raised awareness about their favorite projects, and have earned crypto while doing it!

Earn Crypto for Reading: How it Works

When you scroll to the bottom of any article on Publish0x, you will see a “tipper.” The reader chooses what percentage of the tip to keep to himself, and what percentage to give to the author. The minimum percentage of the tip that goes to the author is 20%. All of the tips are completely free to both author and reader. Unlike blockchain-based blogging platforms like Steemit and Minds, Publish0x is crypto-agnostic and doesn’t have its own token. Rather, it pays out in any number of ERC-20 compliant tokens that can be traded on different exchanges.

Article Produced By
Investinblockchain
Editorial Staff

https://www.investinblockchain.com/publish0x-rewards-both-authors-readers/

David https://markethive.com/david-ogden

A Complete Blockchain Commerce System At Markethive – THE SOCIAL MARKET NETWORK

A Complete Blockchain Commerce System At Markethive – THE SOCIAL MARKET NETWORK

Markethive has in the wings and in the works, scores of traffic portals to enhance the Entrepreneurs’ pursuit for online business. Coming soon is the Markethive Coin Exchange, a freelancing platform and a voice, video, copywriter’s platform. Similar to eBay, Freelancers, Binance. 

Markethive’s exchange is integrated into the social network and can be used as an Inbound Marketing target when Markethive Entrepreneurs offer commission-free trades via promo codes binding the customer to the designated Markethive Entrepreneur. 

The same goes for Markethive’s Beelancers platform built to sell services only (not goods), Markethive’s Hivebroker designed to promote artists copywriting, videography services and voice-overs talent. Other commerce platform traffic portals include About bitcoin, a news service that sells article publishing and press release publishing also displayed  on the Markethive home page and Markethive.net

Notably, because of our blockchain and coin exchange, transactions and communications between buyer and seller are left to the discretion of the sellers within the platforms. Markethive does not control the transaction and in fact, transactions are peer to peer and kept private.

 

Markethive is a commensurable dynamic integrated amalgamation of a social network like (Facebook, LinkedIn) and Inbound Marketing platforms like (Hubspot and Marketo) and commerce portals like (eBay and Amazon) Digital Media Publisher like (Cointelegragh and Bitcoin.com), also an Advertising Agency where professionals work closely with the client to gather information, followed by the creative process of actually making whatever the client needs, whether it be Press Releases, articles or blogs, banners, images, and research. 

Markethive is an all-in-one incentivized, a gamified and powerful secure blockchain platform. Our goal is to deliver a powerful portfolio of integrated business portals to build a foundation of revenue, a sphere of influence, a hub of backlinks and a dynamic collection of quality leads for our Entrepreneur upgrade members.

 

Copyright Directive

With recent legislation enacted, namely Article 11 (link tax) and Article 13 (designed to stop users uploading copyrighted content by forcing platforms to build massive filters or face huge lawsuits and fines), we simply give you your own domain for all your content, videos and images to originate from. When you join Markethive you receive (for free) a CPanel control panel and WordPress system built into your assigned domain, a subdomain of hivesfeed.com AKA username.hivesfeed.com. This way you control all your content, without the worry or hassles of government overreach and anti-freedom regulations designed to stifle the start-ups and small entrepreneur.

 

Ongoing Traffic Portals

Markethive is the leading Inbound Marketing platform pioneering an ever-growing portfolio of traffic portals for you. With 8 Portals, 5 in production so far, Markethive looks at Traffic Portals as the intuitive entrance in launching new services and technologies, primarily to profit our Entrepreneurs and to also fund the economic velocity of our Universal like Income for Entrepreneurs. Here they are with a summary of their services and benefits:

 

Markethive Exchange (http://markethive.exchange/ in development)

Markethive’s public exchange will offer top 100 coins of the world and the top 20 paired to the Markethive coin. With the passing of the  Wyoming legislation on cryptocurrency being recognized as money, (Markethive is a Wyoming Corporation), we are very likely to become a financial service offering USDA wired in, wired out and paired to top 10 crypto coins for exchange along with our own coin, MHV. Markethive membership and KYC verification are required to use the exchange. Entrepreneurs can initiate contests with a promo code type system.required to use the exchange. Entrepreneurs can initiate contests with a promo code type system.

 

 

About Bitcoin (http://aboutbitco.in/ in development)

A newsletter article site similar to “Cointelegraph” and “DailyHODL” where the cost to publish an article or Press Release runs from $150 to over $5000 depending on traffic, size of the Twitter account, Telegram account, and Youtube account. So totally depends on the Entrepreneur Upgrade members assets as well as Markethive’s to set price. Only Entrepreneur upgrades can sell the service and set the price and terms and keep all the revenue.

 

 

Beelancers (http://beelancers.com/ in development)

Anyone can come and buy services from Beelancers (very similar to Freelancers). Only Entrepreneur upgrades can sell. And it is up to the Entrepreneur on how the communications occur or how and where the transactions are done or what is charged. It is a peer to peer system unlike any of the others. Being part of the Markethive social network, KYC, transactions, and work are validated, graded and publicly displayed.

 

 

Big Caboodle (http://bigcaboodle.com/ in development)

BigCaboodle is a classic traffic portal example that will be one of many included in your portfolio of portals. It is a web builder in the same way Sitebuilder and Wix are. Big Caboodle makes available all the tools needed to create a website easily and quickly. Drag and Drop content and images into a large selection of templates allowing customers to build their dream sites.

As an Entrepreneur Upgrade, your portal is designated by the promo codes you produce, allowing you to set the price, terms of your offer and keep all the revenue you generate. Promote the site with your unique promo codes and build revenue and leads with amazing ease.  Imagine Wix combined with Facebook Groups so collaboration and sharing are integrated. That’s Big Caboodle.

 

 

Hive Room (http://hiveroom.com/ in development)

A web and app-based conference room utilizing avatar options, payment transfers (think built-in wallets), VOIP call in and call out during room broadcasting, live streaming to web pages, social networks and Smart TV Apps, whiteboards, web browsers, and language translators. Only Entrepreneur upgrades can sell the service and set the price and terms and keep all the revenue.

 

 

Hive Broker (http://hivebroker.com/ in the wings)

A vertical talent portal for voice talent, video acting, imaging, animation, copywriting, directing, producing and distribution. Regarding distribution, for example – You have a Youtube channel with 500,000 subscribers, you could set up an account here, get validated, and make your distribution available for sale. Only Entrepreneur upgrades can sell the service and set the price and terms and keep all the revenue.

 

Hive Tube (http://www.hive.tube/ in the wings)

Markethive’s video channel similar to Youtube. Advertising is only available through 2 channels. Entrepreneurs get exclusive banner ad placement and Entrepreneur upgrades can sell pre-video 10-second ads leading into their own channels at their price and terms, peer to peer.

 

Hive Stuff (http://hivestuff.com/ in the wings)

A premium fulfillment system, you can set up and choose Markethive premiums, like T-Shirts, Hats, Gold Coins, Hoodys, bumper stickers, etc. to run from your WordPress or other sites as an incentive to join, etc. Only Entrepreneur Upgrades can access this system.

 

$100/mth gets you all of this and a lot-lot more. Exclusive, qualified, amazing leads, state of the art inbound marketing tools, eco-centered traffic portals, and Markethive coins (MHV) that can and most likely will crest to the moon in record time. MHV was placed on its first of many 3rd party exchanges on March 6, 2019, at 1 penny, $0.01. At the time of this publication, MHV is now valued at $0.23 and we haven't even launched yet. 
 

We Call Them Money Machines

Money Machines, traffic portals, inbound marketing. By any name, the foundation of the portals dates back to 1996 when Thomas Prendergast, the Founder, and CEO of Markethive, built Blastomatic. 

CEO and Founder of Markethive, Thomas Prendergast says,

“Blastomatic was an amazing traffic portal and built from that first concept, we have refined the entire process into a well-tuned money machine and lead system. It is really quite simple. Build a service entrepreneurs want, turn it into a dynamic web portal, make it easy to join, and deliver more than expected.”

 

Markethive delights the new member by Tipping & Airdrops and rewards the Markethive Entrepreneur one hundredfold. The rewards are numerous. Increased traffic, qualified, awesome leads and MHV coin as a reward and commission. 

 

ecosystem for entrepreneurs

 

 

 

Deb Williams
Market Manager for Markethive, a global Market Network, and Writer for the Crypto/Blockchain Industry. Also a strong advocate for technology, progress, and freedom of speech.  I embrace "Change" with a passion and my purpose in life is to help people understand, accept and move forward with enthusiasm to achieve their goals. 
 

 

FOLLOW US ON…

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David https://markethive.com/david-ogden

RISE Aims To Take the B2B Blockchain Space By Storm

RISE Aims To Take the B2B Blockchain Space By Storm

                                

2019 will be known as the enterprise-to-enterprise boom in blockchain.

Business-to-Business (B2B) Blockchain companies will out-perform the market because they provide the tools that other businesses need in order to survive. 82% of Fortune 100 companies are researching how they can implement blockchain technology into their current business model. IBM is leading the charge in this field, however their cost of implementation is sky-high which leaves a lot of smaller businesses in the cold. This is where RISE comes in. RISE offers a low-cost, robust and flexible B2B blockchain to businesses of all sizes. There’s a lot that makes RISE stand out from the competition. Here’s an overview of some of the unique characteristics, benefits and features that make RISE the ideal choice for B2B Blockchains:

  • Blazing fast turn-arounds, RISE’s Blockchain technology offers same-day turn-key rollout of a new blockchain. 
  • Highly configurable. RISE is programmed in a fully modular way which makes changes to the core code a breeze. Transaction fee structures (dynamic or passive), level of decentralization, token supply, and much more can be adjusted with a few keystrokes. 

Even the consensus mechanism is fully modular, which means RISE is not bound to just one consensus mechanism (such as Delegated Proof-of-Stake) but the consensus module can be swapped out for one that implements Proof-of-Work, Proof-of-Stake, and any other consensus mechanism imaginable. This is unique in the blockchain space. 

  • RISE is built 100% using web technologies. The core is programmed in Typescript, a subset of JavaScript. Since there is a massive supply of web developers in the world, companies will have no problem finding developers to maintain or build out their new B2B Blockchain based on RISE. 
  • A blockchain based on RISE can handle very high transaction volumes which provides more than enough bandwidth for most use cases. Network tests have shown RISE to be capable of up to 1000 transactions per second (TPS). Compare this to Bitcoin with a median TPS of just 7. 
  • RISE Blockchain Technology has built-in data storage features, which enables developers to permanently store data on the blockchain. This makes many use cases possible, think of payment processors, a notary system, an eternity wall, supply chain management and much more.  

Aside from this list of benefits especially geared to cater to B2B, RISE has many attractive features for the general user. Let’s touch on a few of them below. The RISE wallet is universal, created using Google’s battle-tested Material UI components, making it extremely easy and intuitive to use. One wallet manages multiple accounts, is highly configurable, and fully supports the Nano Ledger hardware for optimal security. The wallet runs on all major operating systems (MacOS, Windows and Linux), a web version is available as well and is optimized for mobile use. The new RISE address system is based on bech32, which provides checksum, is very secure and QR code efficient. RISE offers an efficient TS/JS code library that makes it easy for developers to integrate RISE transactions in their own applications. 

Decentralization

The decentralized nature of blockchain technology means that it doesn't rely on a central point of control. A lack of a single authority makes the system fairer and considerably more secure. Out of the box RISE is already highly decentralized among the blockchain projects currently in existence. However, what makes RISE unique is that its level of decentralization can be scaled in a virtually unlimited fashion and fine-tuned to the specific requirements of each use case.  

Article Produced By
CryptoCompare

https://www.cryptocompare.com/coins/guides/rise-aims-to-take-the-b2b-blockchain-space-by-storm/

David https://markethive.com/david-ogden

Reddit Co-Founder to Stream Blockchain Game Skyweaver Face-Off

Reddit Co-Founder to Stream Blockchain Game Skyweaver Face-Off

Reddit co-founder, Alexis Ohanian, will be live-streaming a face-off match between himself and the lead developer of the latest collectible card game to hit the blockchain, SkyWeaver. Ohanian, also known as kn0thing to Redditors, has famously invested in numerous successful startups. He is now playing his hand in the crypto space thanks to his latest investment. Horizon Blockchain Games last month received $3.75 million in seed funding from Ohanian and other investors. SkyWeaver is an Ethereum-based title that hopes to take on the kingpin of all digital card games, Hearthstone. In its five year foray, Hearthstone has attracted more than 100 million players to its franchise and it’s this drawcard, so to speak, that the Reddit co-founder is banking on.

So What’s SkyWeaver’s Value Proposition Then?

That’s a good question and one that basically all boils down to asset ownership. In Hearthstone and other digital equivalents, cards are not freely transferrable. If, as a player, you move on to other gaming pastures, your years of hard work collecting prized fighters will mean jack. You can’t sell them, you can’t take them with you, and you certainly can’t give them to anyone else – unless they take control of your account, of course. This limitation has been the bane of many online card collectible players who’ve put in the time only to see very little in the way of monetary reward. Gameplay From a SkyWeaver Community Stream. | Source: Horizon Blockchain Games YouTube Channel. Then there’s the problem that experienced players face by frequently unlocking duplicate cards. The result is a frustrated fanbase with limited or zero exchange options.

As one Horizon employee puts it:

“With Skyweaver using Ethereum, it means you can send your cards to your friends, trade them with other players on our platform, trade them on another website, buy/sell them on Reddit, burn them, lend them to people that want to play with your cards while you are on vacation, etc. Basically, we can’t prevent you from doing whatever you want with these cards, just like physical cards.”

Last month, Hearthstone fans ripped into developer Blizzard for censoring the game’s long-standing art by dumbing down certain violent and sexual aspects of the cards. Could blockchain’s immutability preserve the evolution of a game’s art? It’s possible. What’s clear is the potential value of rare digital card collection. Ten years from now, hardcore SkyWeaver players may have built up an impressive set that could pocket them some serious change.

SkyWeaver Livestream Face-Off Details

SkyWeaver is currently still in private beta and is expected to launch later this year. In the meantime, Horizon is inviting new players to try out the game every week thanks to a random selection process for registered players. The game is free to play, and players will be able to build decks for free up to a point. Additional cards can be bought or traded with other players or from Horizon itself. The showmatch with Jon Loucks was initially scheduled for go-live on Aug. 8 but has since been postponed. Ohanian is the clear underdog here but will probably be more interested in evaluating his massive investment before anything else.

Article Produced By
Ryan Smith

Ryan is a web designer, writer, and cryptocurrency trader who hails from sunny South Africa. He eats, breathes and lives crypto. With experience trading the FX & Crypto markets, he's always trying to understand the bigger economic picture. When not meticulously looking over the charts, he can be found planning his next road trip or running around a 5-a-side soccer field.

https://www.ccn.com/news/reddit-co-founder-to-stream-face-off-in-blockchain-game-skyweaver/2019/08/08/

David https://markethive.com/david-ogden

Etihad Airways to Pilot Winding Tree Blockchain

Etihad Airways to Pilot Winding Tree Blockchain

                             

United Arab Emirate’s national airline has teamed up with a Switzerland-based blockchain

startup to provide its internal information systems. Winding Tree, a decentralized business-to-business marketplace built on ethereum, will provide logistical support for Etihad Airways’ distribution system, according to a Reuters report on Thursday. The move will allow the airline to bypass third-party operators that currently manage its inventories – such as flight times, travel itineraries, and baggage tracking. Tristan Thomas, Etihad’s director of digital and innovation, told Reuters these third parties often provide an overpriced service. Pedro Anderson, Winding Tree’s chief operating officer, redoubled that claim and

told Reuters:

“We have been doing experiments and new solutions on the platform. Ultimately, that benefits the consumer. When there’s innovation, you start to have disruption, you have competition which results in better prices for the consumer.”

“Very few have chosen to disrupt the distribution world and that’s because those are major players with very significant margins that have acted to keep that kind of a closed shop,” said Thomas In fact, Winding Tree provides real-time information systems for a number of airlines, hotels, and tourism offices around the world. In 2017, the firm partnered with Lufthansa to develop a blockchain-based travel marketplace powered by a cryptographic token. Months later, Russian airline S7 revealed it was using the distributed ledger to issue air tickets. AirFrance also combined its APIs to oversee its airline management systems. With its wide birth and ability to manage a vast array of data, Winding Tree counts not only global distribution systems run by entrenched firms like Amadeus and Sabre, but also consumer facing websites like Expedia and Booking.com as competitors.

Article Produced By
Michael Williamson

https://www.icogeeker.com/etihad-airways-to-pilot-winding-tree-blockchain/

David https://markethive.com/david-ogden

Ethereum Price Prediction and Analysis ETH Continues Correcting Growth

Ethereum Price Prediction and Analysis – ETH Continues Correcting Growth

                             

Bitcoin keeps growing robustly, its dominance reaching 68.4%,

which is a two-year maximum. At the same time, the Ethereum is attempting a bullish trend. The general growth of digital assets in case the leading cryptocurrency manages to renew local maximums looks highly probable. The British financial regulator Financial Conduct Authority has declared that it is not going to regulate the BTC and ETH, as well as other cryptocurrencies. In the document signed the cryptocurrencies are regarded as exchange instruments. Such coins are decentralized and in most cases used exactly as exchange means. The FCA has specified that such digital assets are out of their jurisdiction. 

However, earlier the British regulator planned to ban selling such contracts as futures for the BTC to retail investor, which could put serious pressure on the cryptocurrency market in general. Some time earlier, a computer game developer Blockade Games, which is trying to realize the Bitcoin Lightning Network as the interface for the Ethereum contracts, declared that the future of digital money belongs to the BTC. The second cryptocurrency ETH is going t be used for less functional projects, such as games on the basis of blockchain.

The company representatives also noted that a lot of users of different games prefer keeping their money in the Bitcoin. Anyway, such situations when the developers use to networks for project creation will give mid-term support to the Ethereum as well. On H4, the Ethereum keeps forming an ascending channel, moderate but stable. This trend is the correction of the previous decline. The quotations are currently aiming at 38.2% ($239.45), upon reaching which the market may rise to 50.0% ($254.30) Fibo. As the main support, the current minimum of $190.41 should be regarded. A breakaway of this level may signal a continuation of the mid-term descending trend.

On H1, the previously stable ascending channel has been broken through at the resistance line. This signifies the growth of volatility at the moment, which promises an upcoming correction and growth in a longer perspective. Speaking about the correcting decline, the first goal may be at the support level of the previous channel around $224.50. Upon completion of the correction a new impulse of growth may be aimed not just at 38.2% ($239.45) Fibo, but even as high as $245.00.

Article Produced By
Guest

https://cryptomode.com/ethereum-price-prediction-and-analysis-eth-continues-correcting-growth/

David https://markethive.com/david-ogden

North Korea Stealing Cryptocurrency Funding 2 Billion Weapons Programs

North Korea Stealing Cryptocurrency, Funding $2 Billion Weapons Programs

                                  

North Korea is generating billions of dollars in support of the illegal weapons programs

and ballistic missile launches according to a confidential report from the United Nations. Experts providing the report suggest North Korea is using cyberspace, launching sophisticated attacks as a way to generate more funds. Though the report is troublesome, it’s not completely surprising. Cryptocurrency offers criminals an opportunity to skirt government regulations across the globe, steering clear of all the red tape that governs central banks. The .U.N.’s report goes on to say that many of the cyber criminals operating on behalf of the Democratic People’s Republic of Korea are doing so under the guidance of the Reconnaissance General Bureau, the country’s top military intelligence agency. At the present moment, illegal activities and 17 different countries are under investigation. Authorities at the .U.N. believe as many as 35 attacks on financial institutions, cryptocurrency exchanges and mining pools involve individuals representing DPRK.

The Tension Is Rising

North Korea has a long history of violating the human rights of its citizens and drawing the ire of the international community because of it. President Kim Jong-Un is still threatening the United States of America, continuing to put his country’s military capabilities on display with four separate missile tests already launching this summer. The country’s acts of aggression are in direct response to the fact that the .U.S. is currently going through joint military exercises with South Korea. All of this is happening despite the fact that .U.S. President Donald Trump is meeting consistently with Jong-Un. The two have already met three times to discuss halting North Korea’s weapons program. In June, Trump became the first .U.S. President to ever step on North Korean soil, setting foot in the nation’s demilitarized zone.

Still, the .U.N.’s report on North Korea’s multi-billion dollar money laundering tactics was published before the country’s most recent missile launches. It’s now quite clear that Jung-Un is intent on putting more pressure on the United States and United Nations. He is demanding more flexibility in negotiations and threatening a more intense military response as the alternative. The .U.N. Security Council is already banning exports to North Korea as a way to choke out the funding of weapons programs. Trading of coal, iron, lead, textiles, seafood and crude oil are all either banned or severely restricted. In response, the North Korean government continues to transfer weapons-related materials and other luxury goods using ships.

What Does It All Mean For Bitcoin?

As the stakes continue to climb higher and more and more politicians and world leaders are recognizing Bitcoin as an unstoppable force, cryptocurrency hacks will continue to fund black market activities and ill-intent dictators. The question is, what will political unrest do to the price of Bitcoin both now and in the future? On one hand, Bitcoin is currently trending up as alt coins lose steam. The price is flirting with the $12,000 mark. Some investors believe it’s going to be a safety net throughout this crisis. Even .U.S. Senators are going bullish. On the other hand, since Bitcoin is funding weapons programs. Perhaps the general public decides violence and a slowing market is reason enough to pull money out of Bitcoin. Time will tell. For now, the world waits on edge as tensions between the .U.S. and North Korea are heating up.

Article Produced By
Jack Choros

https://cryptoradar.org/north-korea-stealing-cryptocurrency-funding-2-billion-weapons-programs/

David https://markethive.com/david-ogden

Giddy Up Or Get Left Behind – Opportunity Is A’ Knockin’

Giddy Up Or Get Left Behind – Opportunity Is A’ Knockin’ 


 

Governments all over the world are not keeping up with the technological revolution. They need to adapt quickly to a changing world and change their attitude towards cryptocurrency and the companies working with it or miss the mark. Many governments and the anti-crypto media associate cryptocurrency with nefarious activity, however, what they fail to acknowledge is that criminal enterprise has been rife with fiat currency for eons.  

Tim Draper, billionaire venture capitalist, and avid Bitcoin aficionado had this to say,

“It is akin to the Luddites. They are in fact saying, ‘we will not tolerate progress.’ It will set them back 40 years. Imagine if they did this with the internet?”

He also noted, “The criminals will still want to operate with cash because they catch everybody who is trying to use Bitcoin.”

Blockchain and Crypto go hand in hand so given that Blockchain is an immutable, distributed, decentralized ledger criminal actions can be detected easily so cash gives the fraudsters a chance to stay unnoticed. 

Ironically we are seeing that governments are supporting the new Blockchain technology but still very anti-cryptocurrency? That seems very confusing and verging on neo-luddism. They either don’t fully comprehend what they are dealing with or they are running scared. Could this mean they will lose control and authoritarian power over society? Especially in the case of fiat currency. Since 1971, fiat is not backed by the gold standard making it highly inflationary and totally worthless. So it basically has no intrinsic value. It has been established by government regulation and the people then, believe it to be valuable, not because it has any inherent value. 

Cryptocurrency and Blockchain simply mean we will not be a slave to the current economic failings of bureaucracy. It’s essentially giving citizens, including the unbanked a real chance at some form of wealth, freedom and overall better quality of life. So Crypto can also be a valuable contribution to the people en masse. As more adoption takes place in this decentralized environment, the more power lies in the hands of the majority rendering governments inept. 
 

Restricting Crypto Is Inhibiting Our Younger Generations

The approach some governments are displaying by restricting new technologies is a desperate measure and will not work in the long term. Banning will not work. How can you ban cryptocurrency but approve of blockchain? The problem lies in the fact that many in government seem to lack a clear understanding of this technology, this futuristic economy, and also the needs and wishes of society. To me, it seems to be very self-serving on the part of the politicians protecting themselves and their interests. People have become more aware and are tired of politics and a lack of transparency. Governments that take this stance are restricting their growth and will end up losing their power. 

Statistics show that the younger generations would rather invest in cryptocurrencies than traditional stocks and up to 70% would invest if it were made easier by mainstream, which means there is a perpetuating interest in new technologies and the future currencies. 

 

 

Foster An Entrepreneurial Culture Or Get Left Behind 

The good news is some countries have embraced cryptocurrency-based technology such as the San Marino Republic and in the course of Venezuela’s hyperinflation, the government has turned to crypto as a solution to the economic crisis. Malta is another country to embrace the new technology. Cryptocurrency exchanges along with many other companies have relocated to the new economy friendly Mediterranean island nation. 

The way economies around the world perform is altering dynamically, as the respective power switches from established, centralized forces towards those that support and respond to the unparalleled empowerment of individuals. If governments are to overcome the challenges they face and maximize the benefits of this change for their communities, they need to get their bureaucratic head out of the sand. Otherwise, the transformational forces of what is taking place will leave them and their citizens behind.

 

Other Cryptocurrencies Rise Up

Ten years ago there was only Bitcoin and although it is still the flagship cryptocurrency, many more have been created since then. There are literally thousands now and many will not amount to anything. However, a select few will rise up and be a true peer to peer currency with the concept of Ethereum and smart contracts, a way has opened up for the utility or consumer coins and platforms and with that an endless amount of opportunities for all types of use cases. 

You’ll find some in the supply chain industry, where leading Blockchain startups like VeChain has quickly gained fame. More pertinent to online marketers and small business owners with an online presence is the Market Network replacing old school Social Media and Marketing and is exploding on a global scale. 

Aligned with Bitcoin, the flagship cryptocurrency is some major players such as Ethereum, Lite Coin, Markethive Coin to name a few. These coins have secured their place in the cryptocurrency world as they have a concept, products, and services underpinning them. This is needed for sustainability and velocity. Also by aligning themselves facilitates the ease of liquidity through either their own and 3rd party exchanges. 

 

Opportunity Knocks

If you’re looking for an opportunity to increase your brand awareness and presence online in an autonomous, collaborative environment with privacy and freedom of speech, away from the centralized environment of web 2.0, and into the newly defined complete reinvention of the web being Web 3.0. then Markethive is the answer. It is the ecosystem for Entrepreneurs with an authentic and genuine opportunity to create a universal income. A complete platform that will empower you and a place you can call home. 

 

 

Markethive is also giving you the opportunity to own a piece of this universal platform that is taking the world by storm for a limited time. This is for everyone, the little guy and gal, the rank and file. Markethive has made it so easy to be part of the next Facebook, LinkedIn, Amazon, eBay, Cointelegragh, Marketo, Hubspot combined. A fusion of all of these platforms aforementioned is the next generation built on Blockchain ensuring privacy, autonomy, free speech, wealth and empowerment for all.  MARKETHIVE  

 

ecosystem for entrepreneurs

 

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Deb Williams
Market Manager for Markethive, a global Market Network, and Writer for the Crypto/Blockchain Industry. Also a strong advocate for technology, progress, and freedom of speech.  I embrace "Change" with a passion and my purpose in life is to help people understand, accept and move forward with enthusiasm to achieve their goals. 
 

David https://markethive.com/david-ogden

Leading US Crypto Exchange Heads to Bermuda Amidst Regulatory Uncertainty

Leading US Crypto Exchange Heads to Bermuda Amidst Regulatory Uncertainty

                             

Poloniex plans to shift the majority of its crypto trading operations offshore,

according to parent company Circle. The move comes amidst regulatory uncertainty and pressure in the US, which lacks a clear legal framework or guidance for cryptocurrency-related businesses or crypto investors. Circle CEO Jeremy Allaire says that 70% of Poloniex users are not based in the US, prompting the move to another jurisdiction. Allaire says Poloniex has already secured its Digital Assets Business Act license to operate in Bermuda, reports Coindesk.

Says Allaire,

“The lack of regulatory frameworks significantly limits what can be offered to individuals and businesses in the US.”

In May, the Delaware-based exchange stopped offering nine coins for its customers in the US due to regulatory uncertainty: Ardor (ARDR), Bytecoin (BCN), Decred (DCR), GameCredits (GAME), Gas (GAS), Lisk (LSK), Nxt (NXT), Omni Layer (OMNI) and Augur (REP). The CEO also confirmed that the company’s recent downsizing, eliminating roughly 30 employees, was partly due to the lack of clarity from US lawmakers. The company’s current focus is global and getting beyond the US bottleneck. “It took a long time working with the Bermuda government and the Bermuda Monetary Authority.” “The project to establish a new international operations hub for our market, exchange and wallet services, was a major project.”

The move will also allow Poloniex to explore being able to offer financial services, adding that users could expect to see more “yield-generating crypto accounts.” Poloniex ranks in the top 100 crypto exchanges in the world with a 24-hour trading volume of roughly $16 million, according to data compiled by CoinMarketCap. It is also listed among Messari’s Real 10 Volume index reflecting legitimate trading volumes from leading industry players. In the wake of last week’s two congressional hearings on Facebook’s upcoming digital asset Libra, crypto insiders are assessing the highly critical response from US lawmakers who are determined to halt the project in its tracks. The hearings sparked an intense debate about Bitcoin, cryptocurrencies and new corporate digital assets that are all vying for a place in the digital economy.

Politicians have not yet figured out a way to deal with emerging blockchain technology and the many products and services currently in development to bring more financial inclusion for people all around the world. The threat of digital assets lowering costs, rivaling existing infrastructure and challenging the traditional banking and monetary systems has prompted many prominent politicians, including Maxine Waters and Brad Sherman, to demand a moratorium on Libra.

Article Produced By
The Daily Hodl Staff

https://dailyhodl.com/2019/07/22/leading-us-crypto-exchange-heads-to-bermuda-amidst-regulatory-uncertainty/

 

David https://markethive.com/david-ogden