U.S. Bitcoin Conspirators
Please read both attached articles, after reading base your own conclusions?
In regards, to what you think of America experiencing a current Economical
Warfare in many American industries.
The Bitcoin is just one of many occurring in the United States! To understand the root of the problem, American citizens must view the piece’s of the puzzle’s that are missing to understand, international business owners have come over to America and infiltrated many business markets in America, Only to benefit their own country and country people, Not America or the American Citizens!
Atricle 1: Bitcoin executive resigns amid money-laundering investigation
Charlie Shrem, Bitcoin Foundation vice-president, resigns
Shrem accused of helping to launder money for Silk Road
2nd Article: London-based company offers safe for Bitcoins
The price of Bitcoin in 2013 rose sharply.If you invest, nevertheless must fear for his money: Again and again it comes to hacker attacks on the accounts.
The problem could be solved now. Trent by Nina Mann, London
Big hype and big risk: The virtual payment unit Bitcoins has won in a few months in value dramatically. However: Unlike “real currency” it is not yet recognized by the central banks, Bitcoins are not protected from theft.Who loses by a cyber attack, can not get a replacement.
Many potential customers deters that. In London there are now the first physical memory are stored encrypted in the Bitcoins. The founders hope that holders deposit their Bitcoins with them, and then storing it longer at home on the computer. So shall the acceptance of virtual unit grow.
Tom Robinson, co-founder of Elliptic who is behind the Bitcoin memory, can only shake his head at the naivete of many Bitcoin buyers.”Many store their digital coins at home on the hard drive,” says Robinson against the “world”, “It’s as if you have one lying his money under the mattress.”
A lot of the Bitcoin buyers have invested in the virtual unit, but without having the technical knowledge of how they secure their valuable investment from theft. “There have been people who have thrown away their old hard drives on which Bitcoins were that millions of euros were worth,” says Robinson.
Million in the garbage One such case recently made headlines in the United Kingdom: James Howells lost around 4.6 million pounds, about 5.5 million euros when he threw away a drive on which he had saved years ago Bitcoins. Only when the Bitcoin exchange rate last fall rose steeply, Howells recalled the forgotten Bitcoins.
At this time, the drive had disappeared already in the depths of a landfill, it would have cost several thousand pounds to let search them – with no guarantee of success.
At the same time large quantities of Bitcoins have been stolen by cyber criminals repeatedly. “Online purses are not safe from hacker attacks,” says co-founder Tom Elliptic Robinson, “many people have therefore lost their Bitcoins.”
Combination of physical and digital security, Tom Robinson advises buyers, therefore, to deposit their Bitcoins in its memory.”We combine digital and physical security measures,” says the Oxford graduate, who founded the company with two friends.
Physical keys that can not be connected to the Internet, access to the storerooms of all Bitcoins to make copies. “These keys can not be hacked,” he says. Only when all of Elliptic founders agree that Bitcoin copies may be made available.
The store is a step towards a “full Bitcoin bank,” says Tom Robinson. Who deposited its Bitcoins in the London store, pays a fee based on the value of the Bitcoin units. For this, send the customer their Bitcoins in digital form to Elliptic.
No information on the volumes,The company does not tell you how many customers have already taken this step or how many Bitcoins have been deposited.The interest of the Bitcoin community is very large, it was called at the request of Elliptic.
Tom Robinson is working with the insurer Lloyd’s of London, the calculated and replaces the market price of Bitcoins in U.S. dollars, they should be lost, despite the security measures in memory.
The Bitcoin industry was in a period of transition, says co-founder Elliptic Robinson.The British tax authority HMRC is currently investigating whether in the future they treated Bitcoins as “private currency”, which would reduce the tax burden for the owners of Bitcoins in the UK and significantly increase the financial attractiveness of the unit. A result is expected in early February.
Bitcoin ban in China, The Chinese central bank, however, had the Bitcoin platforms banned end of the year to take deposits in the Chinese currency, the Renminbi, which is equivalent to a spell of virtual currency.
The online giant Alibaba subsequently announced to want to accept Bitcoins through its platform “Taobao”. “Many countries are working to regulate Bitcoins,” says Elliptic-founder Tom Robinson: “Given the strong capital controls in China it is no wonder that the government prohibits this unit.”
Should the UK tax authority HMRC Bitcoins than declare “private currency”, this would the financial center London provide advantages in international trade Bitcoin. “Such a step would the British Bitcoin industry a significant competitive advantage,” says Richard Asquith, Head of Tax at TMF Group. Singapore amended its tax law,Due to the strong growth of Bitcoins trading it is likely that the U.S. This year would take further steps to regulate the virtual unit. Singapore had amended its tax law in the past week accordingly.
Other European countries are still hesitant with the recognition of the digital unit – with the exception of Germany, the Bitcoins recognized as “private money” in the summer of 2013.
But in Germany, the mood seems to turn over: Bundesbank board member Carl-Ludwig Thiele warned last week against the use of Bitcoins and described it as “highly speculative”.
Invested investors threaten basically a total loss. said the Federal Banker to the “Handelsblatt”.11 million Bitcoins currently exist Bitcoins are produced by a complicated “mining” process, in which a computer has to solve a math problem with a 64 numbers counting code. For each solved problem of the “Miner” will be rewarded with new Bitcoins.
According to the BBC Currently, there are about 11 million Bitcoins world. To obtain Bitcoins, the user needs a so-called “Bitcoin Address”, consisting of 27 to 34 letters.
Related London Articles:
https://www.youtube.com/watch?v=kEHIOi8iXqE -Bitcoin 2012 London: Max Keiser
https://www.youtube.com/watch?v=_onv9-fHoEc – Max Keiser – Bitcoin, Bernanke & Buffett | London Real
https://www.youtube.com/watch?v=xwipgjeiKyY – Bitcoin London 2013: Cryptocurrency is the future of money, banking,
https://www.youtube.com/watch?v=mD4L7xDNCmA – Bitcoin 2012 London: Mike Hearn
https://www.youtube.com/watch?v=I-DVOYyx_6U – Amir Taaki, Founder of Intersango – Bitcoin, a virtual currency –
BitCoin CIA Connection – https://www.youtube.com/watch?v=K5VC58gjnjY
https://www.youtube.com/watch?v=0UKC7iaBKvs – BitCoin Ponzi Scheme
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