Sell Bitcoin London Ontario - Decentral bitcoin atm locator

Bitcoin Newcomers FAQ - Please read!

Welcome to the /Bitcoin Sticky FAQ

You've probably been hearing a lot about Bitcoin recently and are wondering what's the big deal? Most of your questions should be answered by the resources below but if you have additional questions feel free to ask them in the comments.
It all started with the release of the release of Satoshi Nakamoto's whitepaper however that will probably go over the head of most readers so we recommend the following videos for a good starting point for understanding how bitcoin works and a little about its long term potential:
Some other great resources include Lopp.net, the Princeton crypto series and James D'Angelo's Bitcoin 101 Blackboard series.
Some excellent writing on Bitcoin's value proposition and future can be found at the Satoshi Nakamoto Institute.
Some Bitcoin statistics can be found here and here. Developer resources can be found here. Peer-reviewed research papers can be found here.
Potential upcoming protocol improvements and scaling resources here and here.
The number of times Bitcoin was declared dead by the media can be found here (LOL!)

Key properties of Bitcoin

Where can I buy bitcoins?

Bitcoin.org and BuyBitcoinWorldwide.com are helpful sites for beginners. You can buy or sell any amount of bitcoin (even just a few dollars worth) and there are several easy methods to purchase bitcoin with cash, credit card or bank transfer. Some of the more popular resources are below, also check out the bitcoinity exchange resources for a larger list of options for purchases.
Here is a listing of local ATMs. If you would like your paycheck automatically converted to bitcoin use Bitwage.
Note: Bitcoins are valued at whatever market price people are willing to pay for them in balancing act of supply vs demand. Unlike traditional markets, bitcoin markets operate 24 hours per day, 365 days per year. Preev is a useful site that that shows how much various denominations of bitcoin are worth in different currencies. Alternatively you can just Google "1 bitcoin in (your local currency)".

Securing your bitcoins

With bitcoin you can "Be your own bank" and personally secure your bitcoins OR you can use third party companies aka "Bitcoin banks" which will hold the bitcoins for you.
Note: For increased security, use Two Factor Authentication (2FA) everywhere it is offered, including email!
2FA requires a second confirmation code to access your account making it much harder for thieves to gain access. Google Authenticator and Authy are the two most popular 2FA services, download links are below. Make sure you create backups of your 2FA codes.
Google Auth Authy OTP Auth
Android Android N/A
iOS iOS iOS

Watch out for scams

As mentioned above, Bitcoin is decentralized, which by definition means there is no official website or Twitter handle or spokesperson or CEO. However, all money attracts thieves. This combination unfortunately results in scammers running official sounding names or pretending to be an authority on YouTube or social media. Many scammers throughout the years have claimed to be the inventor of Bitcoin. Websites like bitcoin(dot)com and the btc subreddit are active scams. Almost all altcoins (shitcoins) are marketed heavily with big promises but are really just designed to separate you from your bitcoin. So be careful: any resource, including all linked in this document, may in the future turn evil. Don't trust, verify. Also as they say in our community "Not your keys, not your coins".

Where can I spend bitcoins?

Check out spendabit or bitcoin directory for millions of merchant options. Also you can spend bitcoin anywhere visa is accepted with bitcoin debit cards such as the CashApp card. Some other useful site are listed below.
Store Product
Gyft Gift cards for hundreds of retailers including Amazon, Target, Walmart, Starbucks, Whole Foods, CVS, Lowes, Home Depot, iTunes, Best Buy, Sears, Kohls, eBay, GameStop, etc.
Spendabit, Overstock and The Bitcoin Directory Retail shopping with millions of results
ShakePay Generate one time use Visa cards in seconds
NewEgg and Dell For all your electronics needs
Bitwa.la, Coinbills, Piixpay, Bitbill.eu, Bylls, Coins.ph, Bitrefill, LivingRoomofSatoshi, Coinsfer, and more Bill payment
Menufy, Takeaway and Thuisbezorgd NL Takeout delivered to your door
Expedia, Cheapair, Destinia, Abitsky, SkyTours, the Travel category on Gyft and 9flats For when you need to get away
Cryptostorm, Mullvad, and PIA VPN services
Namecheap, Porkbun Domain name registration
Stampnik Discounted USPS Priority, Express, First-Class mail postage
Coinmap and AirBitz are helpful to find local businesses accepting bitcoins. A good resource for UK residents is at wheretospendbitcoins.co.uk.
There are also lots of charities which accept bitcoin donations.

Merchant Resources

There are several benefits to accepting bitcoin as a payment option if you are a merchant;
If you are interested in accepting bitcoin as a payment method, there are several options available;

Can I mine bitcoin?

Mining bitcoins can be a fun learning experience, but be aware that you will most likely operate at a loss. Newcomers are often advised to stay away from mining unless they are only interested in it as a hobby similar to folding at home. If you want to learn more about mining you can read more here. Still have mining questions? The crew at /BitcoinMining would be happy to help you out.
If you want to contribute to the bitcoin network by hosting the blockchain and propagating transactions you can run a full node using this setup guide. If you would prefer to keep it simple there are several good options. You can view the global node distribution here.

Earning bitcoins

Just like any other form of money, you can also earn bitcoins by being paid to do a job.
Site Description
WorkingForBitcoins, Bitwage, Cryptogrind, Coinality, Bitgigs, /Jobs4Bitcoins, BitforTip, Rein Project Freelancing
Lolli Earn bitcoin when you shop online!
OpenBazaar, Purse.io, Bitify, /Bitmarket, 21 Market Marketplaces
/GirlsGoneBitcoin NSFW Adult services
A-ads, Coinzilla.io Advertising
You can also earn bitcoins by participating as a market maker on JoinMarket by allowing users to perform CoinJoin transactions with your bitcoins for a small fee (requires you to already have some bitcoins.

Bitcoin-Related Projects

The following is a short list of ongoing projects that might be worth taking a look at if you are interested in current development in the bitcoin space.
Project Description
Lightning Network Second layer scaling
Blockstream, Rootstock and Drivechain Sidechains
Hivemind and Augur Prediction markets
Tierion and Factom Records & Titles on the blockchain
BitMarkets, DropZone, Beaver and Open Bazaar Decentralized markets
JoinMarket and Wasabi Wallet CoinJoin implementation
Coinffeine and Bisq Decentralized bitcoin exchanges
Keybase Identity & Reputation management
Abra Global P2P money transmitter network
Bitcore Open source Bitcoin javascript library

Bitcoin Units

One Bitcoin is quite large (hundreds of £/$/€) so people often deal in smaller units. The most common subunits are listed below:
Unit Symbol Value Info
bitcoin BTC 1 bitcoin one bitcoin is equal to 100 million satoshis
millibitcoin mBTC 1,000 per bitcoin used as default unit in recent Electrum wallet releases
bit bit 1,000,000 per bitcoin colloquial "slang" term for microbitcoin (μBTC)
satoshi sat 100,000,000 per bitcoin smallest unit in bitcoin, named after the inventor
For example, assuming an arbitrary exchange rate of $10000 for one Bitcoin, a $10 meal would equal:
For more information check out the Bitcoin units wiki.
Still have questions? Feel free to ask in the comments below or stick around for our weekly Mentor Monday thread. If you decide to post a question in /Bitcoin, please use the search bar to see if it has been answered before, and remember to follow the community rules outlined on the sidebar to receive a better response. The mods are busy helping manage our community so please do not message them unless you notice problems with the functionality of the subreddit.
Note: This is a community created FAQ. If you notice anything missing from the FAQ or that requires clarification you can edit it here and it will be included in the next revision pending approval.
Welcome to the Bitcoin community and the new decentralized economy!
submitted by BitcoinFan7 to Bitcoin [link] [comments]

Switzerland is good for business development as it is located in the center of Europe

Switzerland is good for business development as it is located in the center of Europe
Switzerland is good for business development as it is located in the center of Europe. It is convenient to get there for meetings with European partners. A prestigious jurisdiction is especially important for crypto companies that work with customers' money.
Today we will talk about Crypto Valley. What is it and why will Simba be based there?
We have already spoken about the fact that in 2016 the authorities of the city of Zug launched an experiment: they offered residents the option to pay for utilities and government services with bitcoins. Then, Swiss Railways allowed passengers to exchange cash for cryptocurrency in ticket machines. Local officials are satisfied with the pilot project and continue to introduce blockchain into the daily life of residents. There are over a hundred fintech startups operating in Zug now. According to PwC, every 11th fintech startup on the planet opens in Zug.
Due to the cluster of decentralized startups, the canton has been nicknamed Crypto Valley (http://gdi.ch/media/cryptovalleymap_impuls_v2.pdf). The following are located there: the headquarters of the Ethereum blockchain platform; the Monetas cryptocurrency payment system; Bancor, the platform for creating new cryptocurrencies; Bitcoin Suisse AG, the Bitcoin ATM network operator; the Xapo bitcoin wallet provider; the ShapeShift cryptocurrency exchange; and the Lisk blockchain platform, which is competing with Ethereum.
The Crypto Valley Association has (https://cryptovalley.swiss/) recently been established in Crypto Valley. It is engaged in the development of an ecosystem for decentralized technologies, prepares proposals for regulators, launches research projects and organizes events. The association brings together large companies (Luxoft, UBS, PwC, ConsenSys, Monetas and Thomson Reuters), investors, the Zug government, the University of Lucerne, and blockchain startups.
On the map below, you can see where the Swiss company Simba will be registered: 130 meters from #Ethereum #Foundation near #Tezos #Foundation and #Bitcoin #Suisse
Lion Simba chooses only the best locations for itself!
https://preview.redd.it/3tbej7h25ch51.jpg?width=1264&format=pjpg&auto=webp&s=5eb540310fffbdd0b7d7f89eacb23a071d9a2026
submitted by simba_official to simba_official [link] [comments]

[Attention New Users] Everything You Need To Know About MyBit

If you're new to MyBit and looking for information on how to get started, look no further. This post should answer all of the most frequently asked questions and help you find out what the MyBit project is all about.

What is MyBit?

MyBit is a DeFi (Decentralized Finance) platform that utilizes blockchain technology to allow people all over the world to invest in revenue generating assets, such as solar panels, cryptocurrency mining hardware, and Bitcoin ATMs. But that’s just the tip of the iceberg- the use cases are endless! Anything that generates revenue in a measurable, trustless way can be listed on our platform.
The best part is, these assets are able to be crowdfunded by users of the MyBit platform. You don’t need to buy an entire asset all by yourself, you are able to purchase a “stake” in an asset, and any revenue generated by said asset will be distributed equally among its investors, according to the percentage of their ownership stake. This means that revenue generating assets are no longer just for the rich- they are now for the masses, the working class citizens of the world. This allows for a fair chance for everyone to let their money work for them, instead of just having the rich get richer while the masses get poorer.
MyBit isn’t just for investors either. There are 3 different ways that users can utilize MyBit’s technology- the first way is investing, which we already discussed. The second way to utilize the platform is to become an “asset manager”. Not everyone has the capital to invest in an asset, so MyBit allows users to earn revenue by managing one for the investors. What exactly “managing” consists of, will vary depeding on the asset. But you can think of it as maintenance/security etc. For example, maybe you’re managing a cryptocurrency miner. You might need to check on it from time to time and make sure it’s running properly, connected to the internet, and in a safe/secure location.
The third way to utilize MyBit is a solution for enterprise/IoT (Internet of Things) partners. Companies who produce IoT hardware can integrate the MyBit API into their products and expose themselves to investors all over the world with our platform.

Where can I buy MyBit?

MyBit is currently listed on the following exchanges:

What wallet can I use to store my MyBit tokens?

MyBit is an ERC-20 token, which means you can store it in any Ethereum wallet. We recommend using a hardware wallet such as the Ledger Nano S, but you can always use MyEtherWallet, MetaMask or any other Ethereum wallet you like. Just simply send your MyBit tokens to your Ethereum address. When sending your MyBit OUT of your Ethereum wallet, you will need a small amount of ETH to cover gas fees (network costs).

Who is on the MyBit team/Who is in charge?

MyBit was originally founded by our CEO, Ian. We then moved to a DAO (Decentralized Autonomous Organization) structure so all decisions would be made by community members through a voting mechanism. There were a few issues with the DAO structure, so we are currently (as of September 1st 2020) running in a more centralized manner for the time being. However, we are planning our development of a new DAO which will be more of a Kyber-style DAO. You can read more about this here.

What is the current status of the project?

As of the time of this post (August 2nd, 2020), we are currently in the process of migrating our platform to Version 2. Version 1 was our proof of concept and was used to successfully fund our first revenue generating asset. All of the development work for Version 2 is being completed as we speak. We aim to have Version 2 launched and fully functional by late September 2020, to early October 2020. Please check the weekly updates posted on this subreddit for the most up-to-date information.

What is the utility of the MyBit token?

The MyBit token is used in order to obtain voting power in the DAO (as mentioned above), and there will also be a small percentage of tokens that are burned every time an asset is funded on the platform. This means that MyBit (MYB) is a deflationary token, and theoretically should gain value as supply decreases and demand increases.

I heard there was a token swap, but I still have the original tokens from the ICO. How do I exchange them for the new MyBit tokens?

We have a guide for that, click here to see it! Please note, if you are using MyEtherWallet to do the swap, there is 1 thing missing from the guide- once you get to the final screen, it will not allow you to submit the transaction unless you type “0x” (without the quotes) into the “extra data” field.

Where can I find more info on the MyBit project?

You can find more information in the Wiki.
You can also visit our website at MyBit.io, or join us on Telegram.
I will be updating this post with more information as it becomes available. If you have any other questions, feel free to PM me or find me in the Telegram. Don't forget to subscribe to this subreddit if you'd like to follow along with our journey and stay up to date on development.
submitted by Bob_MyBit to MyBitToken [link] [comments]

Round up of Cryptocurrency News #5 Week 03/08 - 09/08

Welcome again to another recap and the first full week of the new month after breaking the downward trend on the monthly!
 
Firstly, from last weeks uptrend we have seen the market consolidate at this level throughout the week with a steady upward climb at the start of the week to a balance out above $11.5k for Bitcoin towards the end. For the market we have a total increase of $17.5B over the week but a 1% decrease of btc dominance moving mainly toward Chainlink and other altcoins.
 
Closing the week we have had some altcoin action, Ethereum breaking $400 midweek but now staying back in a nice channel between $350-$410 since the start of August. But, Chainlink killing it after breaking $10 and currently sitting comfortably above $13!! Other altcoins that have reaped rewards and I'm keeping an eye on are:
I have picked these as i have noticed they are usually the first movers or the biggest gainers after the market goes red. Chasing those quick gains!
 
What about the news for this week?
 
DISCORD LINK: https://discord.gg/zxXXyuJ 🍕 Bring some virtual pizza to share 🍕
Come have a chat, stimulate a discussion, ask a question or share some knowledge. We are all friendly crypto enthusiasts up for a chat, supportive and want to help each other with knowledge and investments!
Big thanks to our Telegram and My Crypto HQ for the constant news updates! The Gravychain Collective: https://t.me/gravychain My Crypto HQ: https://t.me/My_Crypto_HQ
Links
Important/Notable/Highlights:
Special Mentions:
Other:
submitted by IOTAbesomewhere to Gravychain [link] [comments]

List of bitcoin person-to-person (P2P) bitcoin exchanges (e.g., Bisq, HodlHodl, LocalCoinSwap, etc.)

Following is a list of P2P exchanges for trading Bitcoin. Common payment methods include bank transfer, cash deposited in the seller's bank account, in-person cash (face-to-face) trades as well as payment networks such as Zelle, Alipay, even Cash App and PayPal, for example.
Any that I am missing?
Altcoin-only P2P Trading exchanges
AggregatoSearch and Helper Sites
Note: If you use one of the above P2P OTC trade "matchmaking" services, please trade with caution and do your own due diligence.
This list does not include exchanges not in English (e.g., 58Coin), deserted or defunct marketplaces (e.g., Cancoin, and Rahakott), not-yet launched (e.g., OTCBoss, and DAIHard), ones that operate only through dark markets, or online-only DEX/decentralized exchanges (another list of DEXes).
Also, there are a number of variants that I didn't list:
Otherwise, there are a number of other exchanges — with varying attributes. We recommended trying to stick with No-KYC exchanges, including most of the ones listed on:
Additions, corrections, and other feedback welcome and can be submitted as an issue or pull request on GitHub, or via e-mail.
[Note: There is also a corresponding post on Medium with this information as well.]
submitted by cointastical to Bitcoin [link] [comments]

Buy Bitcoin in Dubai

Buy Bitcoin in Dubai with Cash
Your Crypto Cashpoint In Dubai

How to buy Bitcoin in Dubai?

You can buy bitcoin in Dubai at Coinsfera with cash, credit card, and bank transfer. Coinsfera is the crypto currency cashpoint where you can Buy & Sell more than 500 cryptocurrencies with cash in seconds.
  1. Make an appointment with Coinsfera staff via phone, Whatsapp or Telegram.
  2. Visit our Bitcoinshop in Dubai conveniently located at Baniyas Square-14th Rd – Dubai – United Arab Emirates.
  3. Pay with cash (Dirham or US Dollars) and get your Bitcoin.
One of the methods is cryptocurrency exchanges but it is not so easy for the unexperienced users. First, you will need to create an account on one of the major exchanges, confirm your identity, connect a credit card and transfer money, and only then you will be able to proceed with buying and selling bitcoin.
The whole process takes some time, unless, of course, the exchange is suffering from failures and you do not know how to do everything correctly.

First Bitcoin ATM in Bitcoin

In Dubai, there is also an ATM for buying BTC without identity verification. In Dubai, the first ATM was installed in 2019, allowing you to buy bitcoins without passing KYC. However, to withdraw fiat money, you will still need an identity card. Even though ATM is becoming more popular all over the world, security remains the main problem. This ATM was installed at the Rixos Premium Dubai JBR Wellness center in Dubai.
The device allows you to purchase bitcoins for cash. However, you do not need to present your identity card or pass KYC. Nevertheless, although the purchase of bitcoin is made anonymously, users are unlikely to be able to maintain confidentiality and a high commission than traditional exchanges. To use cryptocurrency in the future, you will have to turn to the services of exchanges and wallets, most of which currently require verification of identity before performing operations.
We offer one the easiest and the best way to purchase Bitcoin with cash. At Coinsfera, Transactions only take 10-15 minutes. Moreover, our friendly staff will provide you with full assistance in this case, if you have any difficulties or questions.

How to store bitcoin?

Bitcoins can be stored in two types of digital wallets: a hot wallet or a cold wallet. With a burning wallet, transactions are faster, while a cold wallet often includes additional security measures that help keep your assets safe, but also take longer.

Hot wallet

With the help of a hot wallet, bitcoin is stored on an exchange and is accessible via an app or a computer browser on the Internet. Even though the blockchain technology underlying bitcoin is even more secure than traditional electronic money transfers, bitcoin hot wallets are an attractive target for hackers.

Cold wallet

The cold wallet is a small encrypted portable device that allows you to download and transfer Bitcoins. Cold wallets can cost up to $100 but are considered much more secure than hot wallets. As a result, the choice remains for you which wallet to buy hot or cold. But you can think about this option in advance with the help of our qualified team, which will proconsul everything and help you create a wallet.

How to invest bitcoin correctly?

There are two ways to invest bitcoin. If you like the idea of day trading, one option is to buy bitcoin now and then sell it when its value rises. This method is popular since most users try to make a profit immediately. Sometimes this type of trade brings a good income, and sometimes insignificant. The second way is if you have analyzed the cryptocurrency market, especially the bitcoin market, and see it as the future of the digital currency, then you are investing in bitcoin. In other words, by purchasing it and investing your money. But this method is long compared to the first, which is a disadvantage.

Why should you buy bitcoin in Dubai?

Buy Bitcoin in Dubai
submitted by coinsfera to Coinsfera [link] [comments]

Bitcoin-Friendly Countries

Bitcoin-Friendly Countries
Cryptocurrencies are a new asset that appeared only in 2009 with the first decentralized cryptocurrency – Bitcoin. The authorities of most countries haven’t managed yet how to develop its regulation, but there are already those who have introduced a strict prohibition against digital money, and those who have legalized cryptocurrencies in full.
by StealthEX
Today we prepared for you the list of some of the most Bitcoin-Friendly countries, where blockchain technology is closely intertwining with the life of ordinary people.

The United States of America

From the very beginning, the USA has been one of the pioneers of building the crypto-friendly society. Not surprisingly the United States has the largest number of crypto users and the largest number of Bitcoin’s ATMs in the world.
Today a lot of blockchain startups are working in Silicon Valley like BlockCypher, ThunderCore, Blockstream, CipherTrace, Cryptanna, MakerDAO, Coinbase and many others.

Canada

Canada can boast of two cities that are considered as “Bitcoin hubs” Toronto and Vancouver. Cryptocurrency itself is regulated by laws against money laundering and terrorism financing in Canada.
In this country there is a very lively crypto community and many blockchain startups like Decentral, Vanbex Group were launched here. Nowadays thousands of organizations accepting BTC and other cryptocurrencies for payment are located in Canada.

The United Kingdom

The UK is considered one of the world’s leading financial and innovation centers. Therefore, in this country, there are also numerous blockchain-related projects. The United Kingdom is sure that the popularization of a new payment solution is inevitable and now preparing for the massive adoption of cryptocurrencies. Nowadays you can easily order a pint of beer in some local pubs and pay for it using BTC.
Moreover, the Bank of England is closely monitoring cryptocurrency technologies and even asked the public to put forward ideas on how to improve their monetary constitution. Currently, Bitcoin is regarded as “private money”, where VAT is collected in the usual way from suppliers of any goods or services sold.

Netherlands

This country can be proud not only for being Bitcoin-friendly but also for having its own “Bitcoin City” called Arnhem. Here, almost everything can be purchased using crypto coins, including gas, housing, bicycles, and even dental services.
At the legislative level, cryptocurrencies are not yet regulated in accordance with the Dutch Financial Supervision Act, and as a result, numerous blockchain startups and even the Bitcoin Embassy in the center of Amsterdam have occurred.
In addition, the country’s banking sector, including ABN AMRO Bank and ING, is increasingly considering blockchain technology as a way to improve their own system and reduce costs. Netherlands is a regular participant in conferences regarding the development of Bitcoin.

Japan

Many people believe that this is the birthplace of the famous Satoshi Nakamoto – the creator of Bitcoin. The country is the first and only one that has a proper legal system regulating the trade in digital currencies.
Moreover, the authorities of this country are considering launching Japan’s own national cryptocurrency – digital Yen. Today Japan is of the largest cryptocurrency market.

Malta

In February 2018, the Government of Malta decided to support blockchain-related projects, cryptocurrencies, and ICOs. That’s why many companies are considering moving to this paradise blockchain-island. At the same time, Malta is one of the leaders in online gaming and there are many implemented projects that connect blockchain technology with the gaming industry.

Sweden

Sweden is among countries that want to eliminate paper money in favor of 100% digital currency. The Swedish Financial Supervisory Authority (Finansinspektionen) has legitimized the fast-growing crypto industry by publicly announcing Bitcoin (and other cryptocurrencies) as a means of payment.
Sweden is home to numerous blockchain-based startups, including Safello, Starflow, Norbloc, Strawpay.

Switzerland

Historically, Switzerland has always been famous for the level of its banking system and banking secrecy, so it is not surprising that the authorities of this country didn’t prohibit the circulation of digital currencies.
This country has become a kind of “tax haven” for cryptocurrencies. That’s why many blockchain startups started here and organize the headquarters of their business.

Estonia

This small country is also open to innovative technologies. The government implemented blockchain technology to the healthcare system, banking services and even management, allowing its citizens to be among the first to use municipal and state services via the Internet. With one of the highest levels of Internet penetration in the world, Estonia has a good opportunity to become cryptocurrency capital of Europe.
All the listed countries have demonstrated their hospitality to cryptocurrencies. But of course this is not the comprehensive list and as the crypto community will continue to grow the more countries will be ready to use the advantages of blockchain technology.
We will be delighted to know your thoughts on Bitcoin-friendly countries.
Hit your comments below.
Original article was posted on https://stealthex.io/blog/2020/05/22/bitcoin-friendly-countries/
submitted by Stealthex_io to u/Stealthex_io [link] [comments]

/r/Bitcoin FAQ - Newcomers please read

Welcome to the /Bitcoin Sticky FAQ

You've probably been hearing a lot about Bitcoin recently and are wondering what's the big deal? Most of your questions should be answered by the resources below but if you have additional questions feel free to ask them in the comments.
Some great introductions for new users are My first bitcoin, Bitcoin explained and ELI5 Bitcoin. Also, the following videos are a good starting point for understanding how bitcoin works and a little about its long term potential:
Also have to give mention to Lopp.net, the Princeton crypto series and James D'Angelo's Bitcoin 101 Blackboard series. Some excellent writing on Bitcoin's value proposition and future can be found at the Satoshi Nakamoto Institute. Bitcoin statistics can be found here, here and here. Developer resources can be found here, here and here. Peer-reviewed research papers can be found here. Potential upcoming protocol improvements here. Scaling resources here. The number of times Bitcoin was declared dead by the media can be found here (LOL!), and of course Satoshi Nakamoto's whitepaper that started it all! :)
Key properties of bitcoin

Where can I buy bitcoins?

Bitcoin.org, BuyBitcoinWorldwide.com and Howtobuybitcoin.io are helpful sites for beginners. You can buy or sell any amount of bitcoin and there are several easy methods to purchase bitcoin with cash, credit card or bank transfer. Some of the more popular resources are below, also, check out the bitcoinity exchange resources for a larger list of options for purchases.
Bank Transfer Credit / Debit card Cash
Gemini Bitstamp LocalBitcoins
Bitstamp Bitit Mycelium LocalTrader
BitFinex Cex.io LibertyX
Cex.io CoinMama WallofCoins
Xapo Spectrocoin BitcoinOTC
Kraken Luno BitQuick
itBit
HitBTC
Bitit
Bisq (decentralized)
Luno
Spectrocoin
Here is a listing of local ATMs. If you would like your paycheck automatically converted to bitcoin use Bitwage.
Note: Bitcoins are valued at whatever market price people are willing to pay for them in balancing act of supply vs demand. Unlike traditional markets, bitcoin markets operate 24 hours per day, 365 days per year. Preev is a useful site that that shows how much various denominations of bitcoin are worth in different currencies. Alternatively you can just Google "1 bitcoin in (your local currency)".

Securing your bitcoins

With bitcoin you can "Be your own bank" and personally secure your bitcoins OR you can use third party companies aka "Bitcoin banks" which will hold the bitcoins for you.
Android iOs Desktop
Samouari BreadWallet Electrum
Another interesting use case for physical storage/transfer is the Opendime. Opendime is a small USB stick that allows you to spend Bitcoin by physically passing it along so it's anonymous and tangible like cash.
Note: For increased security, use Two Factor Authentication (2FA) everywhere it is offered, including email!
2FA requires a second confirmation code to access your account, usually from a text message or app, making it much harder for thieves to gain access. Google Authenticator and Authy are the two most popular 2FA services, download links are below. Make sure you create backups of your 2FA codes.
Google Auth Authy
Android Android
iOS iOS

Where can I spend bitcoins?

Check out spendabit or bitcoin directory for some good options, some of the more commons ones are listed below.
Store Product
Gyft Gift cards for hundreds of retailers including Amazon, Target, Walmart, Starbucks, Whole Foods, CVS, Lowes, Home Depot, iTunes, Best Buy, Sears, Kohls, eBay, GameStop, etc.
Steam, HumbleBundle, Games Planet, itch.io, g2g and kinguin For when you need to get your game on
Microsoft Xbox games, phone apps and software
Spendabit, Overstock, The Bitcoin Directory and BazaarBay Retail shopping with millions of results
ShakePay Generate one time use Visa cards in seconds
NewEgg and Dell For all your electronics needs
Bitwa.la, Coinbills, Piixpay, Bitbill.eu, Bylls, Coins.ph, Bitrefill, LivingRoomofSatoshi, Hyphen.to, Coinsfer, More #1, #2 Bill payment
Menufy, Takeaway, Thuisbezorgd NL, Pizza For Coins Takeout delivered to your door!
Expedia, Cheapair, Lot, Destinia, BTCTrip, Abitsky, SkyTours, Fluege the Travel category on Gyft and 9flats For when you need to get away
BitHost VPS service
Cryptostorm, Mullvad, and PIA VPN services
Namecheap, Porkbun For new domain name registration
Stampnik Discounted USPS Priority, Express, First-Class mail postage
Reddit Gold Premium membership which can be gifted to others
Coinmap and AirBitz are helpful to find local businesses accepting bitcoins. A good resource for UK residents is at wheretospendbitcoins.co.uk.
There are also lots of charities which accept bitcoin donations, such as Wikipedia, United Way, ACLU and the EFF. You can find a longer list here.

Merchant Resources

There are several benefits to accepting bitcoin as a payment option if you are a merchant;
If you are interested in accepting bitcoin as a payment method, there are several options available;

Can I mine bitcoin?

Mining bitcoins can be a fun learning experience, but be aware that you will most likely operate at a loss. Newcomers are often advised to stay away from mining unless they are only interested in it as a hobby similar to folding at home. If you want to learn more about mining you can read more here. Still have mining questions? The crew at /BitcoinMining would be happy to help you out.
If you want to contribute to the bitcoin network by hosting the blockchain and propagating transactions you can run a full node using this setup guide. Bitseed is an easy option for getting set up. You can view the global node distribution here.

Earning bitcoins

Just like any other form of money, you can also earn bitcoins by being paid to do a job.
Site Description
WorkingForBitcoins, Bitwage, XBTfreelancer, Cryptogrind, Bitlancerr, Coinality, Bitgigs, /Jobs4Bitcoins, Rein Project Freelancing
OpenBazaar, Purse.io, Bitify, /Bitmarket, 21 Market Marketplaces
Streamium.io, XOtika.tv NSFW, /GirlsGoneBitcoin NSFW Video Streaming
Bitasker, BitforTip Tasks
Supload.com, SatoshiBox, JoyStream, File Army File/Image Sharing
CoinAd, A-ads, Coinzilla.io Advertising
You can also earn bitcoins by participating as a market maker on JoinMarket by allowing users to perform CoinJoin transactions with your bitcoins for a small fee (requires you to already have some bitcoins)

Bitcoin Projects

The following is a short list of ongoing projects that might be worth taking a look at if you are interested in current development in the bitcoin space.
Project Description
Lightning Network, Amiko Pay, and Strawpay Payment channels for network scaling
Blockstream, Rootstock and Drivechain Sidechains
21, Inc. Open source library for the machine payable web
ShapeShift.io Trade between bitcoins and altcoins easily
Open Transactions, Counterparty, Omni, Open Assets, Symbiont and Chain Financial asset platforms
Hivemind and Augur Prediction markets
Mediachain Decentralized media library
Tierion and Factom Records & Titles on the blockchain
BitMarkets, DropZone, Beaver and Open Bazaar Decentralized markets
Samourai and Dark Wallet - abandoned Privacy-enhancing wallets
JoinMarket CoinJoin implementation (Increase privacy and/or Earn interest on bitcoin holdings)
Coinffeine and Bisq Decentralized bitcoin exchanges
Keybase and Bitrated Identity & Reputation management
Telehash Mesh networking
JoyStream BitTorrent client with paid seeding
MORPHiS Decentralized, encrypted internet
Storj and Sia Decentralized file storage
Streamium Pay in real time for on-demand services
Abra Global P2P money transmitter network
bitSIM PIN secure hardware token between SIM & Phone
Identifi Decentralized address book w/ ratings system
BitGo Multisig bitcoin API
Bitcore Open source Bitcoin javascript library
Insight Open source blockchain API
Leet Kill your friends and take their money ;)

Bitcoin Units

One Bitcoin is quite large (hundreds of £/$/€) so people often deal in smaller units. The most common subunits are listed below:
Unit Symbol Value Info
millibitcoin mBTC 1,000 per bitcoin SI unit for milli i.e. millilitre (mL) or millimetre (mm)
microbitcoin μBTC 1,000,000 per bitcoin SI unit for micro i.e microlitre (μL) or micrometre (μm)
bit bit 1,000,000 per bitcoin Colloquial "slang" term for microbitcoin
satoshi sat 100,000,000 per bitcoin Smallest unit in bitcoin, named after the inventor
For example, assuming an arbitrary exchange rate of $10000 for one Bitcoin, a $10 meal would equal:
For more information check out the Bitcoin units wiki.
Still have questions? Feel free to ask in the comments below or stick around for our weekly Mentor Monday thread. If you decide to post a question in /Bitcoin, please use the search bar to see if it has been answered before, and remember to follow the community rules outlined on the sidebar to receive a better response. The mods are busy helping manage our community so please do not message them unless you notice problems with the functionality of the subreddit. A complete list of bitcoin related subreddits can be found here
Note: This is a community created FAQ. If you notice anything missing from the FAQ or that requires clarification you can edit it here and it will be included in the next revision pending approval.
Welcome to the Bitcoin community and the new decentralized economy!
submitted by BinaryResult to Bitcoin [link] [comments]

Looking to buy Bitcoin in Toronto

Where can I buy some Bitcoin in Toronto? prefer ATM or alternative.
submitted by armandstozion to BitcoinCA [link] [comments]

Spending cryptocurrency in real life

Spending cryptocurrency in real life

https://preview.redd.it/wdqni0y8s0341.jpg?width=900&format=pjpg&auto=webp&s=559305cbc911c17b0b4212cf34077649aaeff03b
Let’s dream that you are traveling on an imaginary tour. And during the whole trip you have only bitcoins with you. Is it possible to get from point A to point B using cryptocurrency only?
Today we can buy, sell, exchange cryptocurrency, and even pay for real items and services with it. Now cryptocurrency is an ultrafashionable digital currency that is still not recognized as an official payment method in different countries. Many countries accept cryptocurrency as something like stocks and securities only but it doesn’t mean that it couldn’t be used as money. Global corporations such as Expedia, Dell and Microsoft are active users of a new payment method. Such way of purchases is not very popular in the world at large at the moment but there are several methods to buy something.
https://preview.redd.it/extumj1as0341.jpg?width=1600&format=pjpg&auto=webp&s=0baec13d233184d8120339430294bcb3ef864b5d
First of all, we need to buy tickets, a tour package or book a room in the Hotel. CheapAir, Destina, Expedia, TravelForCoins and some other services will help us to do it. In other words, with a strong desire, you can travel everywhere you want.
Secondly, just in case we can get a pool of fiat money for extras. Ultra-modern Bitcoin ATM will help us. About 58 countries have Bitcoin ATMs. The USA, Canada, and Great Britain are on the top of the rating by the number of machines. ATMs are very modern and smart. The interesting fact is that you can find these machines in a small eatery or a grocery store right between alcohol bottles and magazines.
https://preview.redd.it/zl82bhdbs0341.jpg?width=850&format=pjpg&auto=webp&s=ee97f03bb8499a2f82461a4c7a2f8edf32e3a5a4
Thirdly, we have to be ready for the trip and buy a suitcase, a swimsuit or a pair of comfortable shoes. Online shopping will help us with that.
There are hundreds of online stores that accept cryptocurrency, for example, Aliexpress, Overstock, Amazon and many others. If stores accept Bitcoin, there will be an orange and white Bitcoin logo on a par with other methods of payment. Everybody should be as attentive as possible in the process of payment for purchases because if a user makes a mistake he can stay without goods and money.
Nowadays there are even special platforms like Particl where you can buy goods for cryptocurrency only. The main idea of the Particl ecosystem is the building of a digital marketplace. Users can pay with PART coins or choose other cryptocurrencies to make a deal there.
If there are some difficulties with payment in Bitcoins, you will always have an opportunity to buy a gift card online and continue your shopping. One such service of converting cryptocurrency into gift cards is redeeem com. It is a trusted peer-to-peer crypto gift card exchange service. Using Bitcoin and dozens of other cryptocurrencies you will be able to buy something on Amazon, Walmart, or some other global shopping platforms and get a 20% discount or more.
https://preview.redd.it/hf0wsbgcs0341.jpg?width=1200&format=pjpg&auto=webp&s=223bf8720c1f36bc8fac9f18ea2e75fbb4758a3a
Fourthly, you may get bored on the way, so we offer you to download an App and become acquainted with CryptoKitties.
It is a game in which you can buy, sell and grow virtual cats and get benefits. This application blew up the Internet. There are no two similar cats, everyone is unique and has a special set of features. The cat seller sets the initial price at the auction and defines its duration. If the cat is on sale for a long time – it’s getting cheaper. It is not necessary to buy a cat, because everyone can create it. Cats owners have to agree on the creation of an offspring. The owner of a female cat will have a new pet and a male cat owner will get Ethereum. Characteristics of a “newborn” cat will depend on 256-bit genes of “mom and dad”.
Perhaps you will get hungry on the way, and there is no need to go far to find a place where you can eat and pay in Bitcoin. Everybody knows the Subway fast-food restaurant. It is the first cafe where Bitcoin started to be accepted as an official payment because the founder of the restaurant chain is a big fan of digital currency.
Furthermore, if during the trip you want to rent a car for going to see the splendor of landscapes and architecture around, or buy gift certificates for the friend whose birthday you will miss due to travel, there are certain services where you can do it for crypto coins.
Maybe, who knows, your final destination called point B is the incredible outer space. Virgin Galactic group calls itself a high-technology company that is looking to the future and claims that bitcoin is our future. The price for a suborbital flight that they offer is 250 000 U.S. dollars or 342 BTC. The space tourism industry is at the initial stage of development now but it has good prospects.
https://preview.redd.it/pzrux2ods0341.jpg?width=1159&format=pjpg&auto=webp&s=bed3fe83683076395fed7813c2cd57f5d76a5caa
As you can see cryptocurrency is legal in many countries and the number of places where you can use it is growing every year. If you would like to know more about the services where we can buy something for digital coins, you can take a look at a special service – coinmap org. It covers the whole world and shows how many places have accepted cryptocurrency in your country. You can also check their location there.
Welcome to the new decentralized world of cryptocurrency!
submitted by SimpleSwapExchange to Particl [link] [comments]

Spending cryptocurrency in real life

Spending cryptocurrency in real life

https://preview.redd.it/g7tehbcqr0341.jpg?width=900&format=pjpg&auto=webp&s=fe80fbf90193be89c116cdb30ee460ea298d5f9e
Let’s dream that you are traveling on an imaginary tour. And during the whole trip you have only bitcoins with you. Is it possible to get from point A to point B using cryptocurrency only?
Today we can buy, sell, exchange cryptocurrency, and even pay for real items and services with it. Now cryptocurrency is an ultrafashionable digital currency that is still not recognized as an official payment method in different countries. Many countries accept cryptocurrency as something like stocks and securities only but it doesn’t mean that it couldn’t be used as money. Global corporations such as Expedia, Dell and Microsoft are active users of a new payment method. Such way of purchases is not very popular in the world at large at the moment but there are several methods to buy something.
https://preview.redd.it/nt581mjrr0341.jpg?width=1600&format=pjpg&auto=webp&s=7e64c4f95c902fd7c05d8b06e2a3622dc69335cd
First of all, we need to buy tickets, a tour package or book a room in the Hotel. CheapAir, Destina, Expedia, TravelForCoins and some other services will help us to do it. In other words, with a strong desire, you can travel everywhere you want.
Secondly, just in case we can get a pool of fiat money for extras. Ultra-modern Bitcoin ATM will help us. About 58 countries have Bitcoin ATMs. The USA, Canada, and Great Britain are on the top of the rating by the number of machines. ATMs are very modern and smart. The interesting fact is that you can find these machines in a small eatery or a grocery store right between alcohol bottles and magazines.
https://preview.redd.it/h9vkgaqsr0341.jpg?width=850&format=pjpg&auto=webp&s=e6cbc946e6e9504a01554bc3924fdf453da438d6
Thirdly, we have to be ready for the trip and buy a suitcase, a swimsuit or a pair of comfortable shoes. Online shopping will help us with that.
There are hundreds of online stores that accept cryptocurrency, for example, Aliexpress, Overstock, Amazon and many others. If stores accept Bitcoin, there will be an orange and white Bitcoin logo on a par with other methods of payment. Everybody should be as attentive as possible in the process of payment for purchases because if a user makes a mistake he can stay without goods and money.
Nowadays there are even special platforms like Particl where you can buy goods for cryptocurrency only. The main idea of the Particl ecosystem is the building of a digital marketplace. Users can pay with PART coins or choose other cryptocurrencies to make a deal there.
If there are some difficulties with payment in Bitcoins, you will always have an opportunity to buy a gift card online and continue your shopping. One such service of converting cryptocurrency into gift cards is redeeem com. It is a trusted peer-to-peer crypto gift card exchange service. Using Bitcoin and dozens of other cryptocurrencies you will be able to buy something on Amazon, Walmart, or some other global shopping platforms and get a 20% discount or more.
https://preview.redd.it/30y8m9dur0341.jpg?width=1200&format=pjpg&auto=webp&s=f262509d6389339d1c919932279c124a41be6623
Fourthly, you may get bored on the way, so we offer you to download an App and become acquainted with CryptoKitties.
It is a game in which you can buy, sell and grow virtual cats and get benefits. This application blew up the Internet. There are no two similar cats, everyone is unique and has a special set of features. The cat seller sets the initial price at the auction and defines its duration. If the cat is on sale for a long time – it’s getting cheaper. It is not necessary to buy a cat, because everyone can create it. Cats owners have to agree on the creation of an offspring. The owner of a female cat will have a new pet and a male cat owner will get Ethereum. Characteristics of a “newborn” cat will depend on 256-bit genes of “mom and dad”.
Perhaps you will get hungry on the way, and there is no need to go far to find a place where you can eat and pay in Bitcoin. Everybody knows the Subway fast-food restaurant. It is the first cafe where Bitcoin started to be accepted as an official payment because the founder of the restaurant chain is a big fan of digital currency.
Furthermore, if during the trip you want to rent a car for going to see the splendor of landscapes and architecture around, or buy gift certificates for the friend whose birthday you will miss due to travel, there are certain services where you can do it for crypto coins.
Maybe, who knows, your final destination called point B is the incredible outer space. Virgin Galactic group calls itself a high-technology company that is looking to the future and claims that bitcoin is our future. The price for a suborbital flight that they offer is 250 000 U.S. dollars or 342 BTC. The space tourism industry is at the initial stage of development now but it has good prospects.
https://preview.redd.it/cvldgmivr0341.jpg?width=1159&format=pjpg&auto=webp&s=4e6044aeddd1fb7baa7baa01e6efc7e7c9d0a403
As you can see cryptocurrency is legal in many countries and the number of places where you can use it is growing every year. If you would like to know more about the services where we can buy something for digital coins, you can take a look at a special service – coinmap org. It covers the whole world and shows how many places have accepted cryptocurrency in your country. You can also check their location there.
Welcome to the new decentralized world of cryptocurrency!
submitted by SimpleSwapExchange to CryptoCurrencies [link] [comments]

Spending cryptocurrency in real life

Spending cryptocurrency in real life

https://preview.redd.it/dtnnh69g8u241.jpg?width=900&format=pjpg&auto=webp&s=063838691c5dad1a75139b97f001de8c4aacb101
Let’s dream that you are traveling on an imaginary tour. And during the whole trip you have only bitcoins with you. Is it possible to get from point A to point B using cryptocurrency only?
Today we can buy, sell, exchange cryptocurrency, and even pay for real items and services with it. Now cryptocurrency is an ultrafashionable digital currency that is still not recognized as an official payment method in different countries. Many countries accept cryptocurrency as something like stocks and securities only but it doesn’t mean that it couldn’t be used as money. Global corporations such as Expedia, Dell and Microsoft are active users of a new payment method. Such way of purchases is not very popular in the world at large at the moment but there are several methods to buy something.
https://preview.redd.it/a4t5engh8u241.jpg?width=1600&format=pjpg&auto=webp&s=06842c65b7327dab71952397a6371c289441dc6b
First of all, we need to buy tickets, a tour package or book a room in the Hotel. CheapAir, Destina, Expedia, TravelForCoins and some other services will help us to do it. In other words, with a strong desire, you can travel everywhere you want.
Secondly, just in case we can get a pool of fiat money for extras. Ultra-modern Bitcoin ATM will help us. About 58 countries have Bitcoin ATMs. The USA, Canada, and Great Britain are on the top of the rating by the number of machines. ATMs are very modern and smart. The interesting fact is that you can find these machines in a small eatery or a grocery store right between alcohol bottles and magazines.
https://preview.redd.it/g0ur5lfj8u241.jpg?width=850&format=pjpg&auto=webp&s=0c8430fe184f1ef5dadda9facb0f664a32bc7a72
Thirdly, we have to be ready for the trip and buy a suitcase, a swimsuit or a pair of comfortable shoes. Online shopping will help us with that.
There are hundreds of online stores that accept cryptocurrency, for example, Aliexpress, Overstock, Amazon and many others. If stores accept Bitcoin, there will be an orange and white Bitcoin logo on a par with other methods of payment. Everybody should be as attentive as possible in the process of payment for purchases because if a user makes a mistake he can stay without goods and money.
Nowadays there are even special platforms like Particl where you can buy goods for cryptocurrency only. The main idea of the Particl ecosystem is the building of a digital marketplace. Users can pay with PART coins or choose other cryptocurrencies to make a deal there.
If there are some difficulties with payment in Bitcoins, you will always have an opportunity to buy a gift card online and continue your shopping. One such service of converting cryptocurrency into gift cards is redeeem com. It is a trusted peer-to-peer crypto gift card exchange service. Using Bitcoin and dozens of other cryptocurrencies you will be able to buy something on Amazon, Walmart, or some other global shopping platforms and get a 20% discount or more.
https://preview.redd.it/txycsugk8u241.jpg?width=1200&format=pjpg&auto=webp&s=6ac9faec7deb0b6fa5bd52128debbe96643f65ad
Fourthly, you may get bored on the way, so we offer you to download an App and become acquainted with CryptoKitties.
It is a game in which you can buy, sell and grow virtual cats and get benefits. This application blew up the Internet. There are no two similar cats, everyone is unique and has a special set of features. The cat seller sets the initial price at the auction and defines its duration. If the cat is on sale for a long time – it’s getting cheaper. It is not necessary to buy a cat, because everyone can create it. Cats owners have to agree on the creation of an offspring. The owner of a female cat will have a new pet and a male cat owner will get Ethereum. Characteristics of a “newborn” cat will depend on 256-bit genes of “mom and dad”.
Perhaps you will get hungry on the way, and there is no need to go far to find a place where you can eat and pay in Bitcoin. Everybody knows the Subway fast-food restaurant. It is the first cafe where Bitcoin started to be accepted as an official payment because the founder of the restaurant chain is a big fan of digital currency.
Furthermore, if during the trip you want to rent a car for going to see the splendor of landscapes and architecture around, or buy gift certificates for the friend whose birthday you will miss due to travel, there are certain services where you can do it for crypto coins.
Maybe, who knows, your final destination called point B is the incredible outer space. Virgin Galactic group calls itself a high-technology company that is looking to the future and claims that bitcoin is our future. The price for a suborbital flight that they offer is 250 000 U.S. dollars or 342 BTC. The space tourism industry is at the initial stage of development now but it has good prospects.
https://preview.redd.it/kbfcdnml8u241.jpg?width=1159&format=pjpg&auto=webp&s=624e7910029a25cbebbb2ef53bb3d05c2ee0ce02
As you can see cryptocurrency is legal in many countries and the number of places where you can use it is growing every year. If you would like to know more about the services where we can buy something for digital coins, you can take a look at a special service – coinmap org. It covers the whole world and shows how many places have accepted cryptocurrency in your country. You can also check their location there.
Welcome to the new decentralized world of cryptocurrency!
submitted by SimpleSwapExchange to ethereumnoobies [link] [comments]

ORACOL XOR PLATFORM

ORACOL XOR PLATFORM
Oracol Xor platform is designed with three core pillars of development to drive our innovative mission. We arrived at this model by identifying key elements and trends related to cryptocurrency creation, adoption and distribution. The three core pillars are as follows:
1. A solution to facilitating mass adoption at the grassroots level.
Since the inception of Bitcoin, the traditional means of acquiring crypto assets has been through digital exchanges. The procedure has always involved interacting with a bank or financial institution. From here, fiat funds are transferred to the exchange, offering users the opportunity to convert fiat currency in crypto. The process is long, tedious, and requires moderate computer literacy. Recently, efforts have been made to directly connect consumers with point-of-purchase platforms via crypto ATMs located in large metropolitan areas in a few select countries and direct cash purchasing.
However, crypto ATM’s are not a sustainable solution to stimulate mass adoption as long as the machines are dispersed in a restricted area in only developed countries. It is our belief that mass adoption cannot happen while crypto ATM’s remain the only physical means by which everyday consumers are exposed to cryptocurrency. With the lack of technical computer literacy presenting a formidable barrier to access to the public, the adequacy of current solutions to mass adoption are dubious. The idea that everyone ought to carry a public cryptographic key (and guard their private key - otherwise known as a crypto wallet where purchased coins can be deposited) represents a further constraint on mass adoption as these technical concepts remain out of reach for the general public. As long as current crypto infrastructure remains in place, adoption levels will remain stagnant as mid level consumers remain reluctant to proceed with transactions. Nevertheless, relevant to this discussion is the contemporary crypto ATM network, the distribution of these ATM’s globally, and the cryptocurrencies currently contending for adoption. The tables below display ATM distribution by cryptocurrency type and ATM distribution by continent.

https://preview.redd.it/qxa6vrke09z21.png?width=636&format=png&auto=webp&s=6f292b2c2de8462448a6b497021a65a10a83258b

https://preview.redd.it/wmjf72hg09z21.png?width=634&format=png&auto=webp&s=2b9a0e2fd7f7f8d91dfdd9ace1876bc35397d65d
While it is easy to spot the shortcomings of this method, when it comes to mass distribution and usage, it is worth noting that most of the areas with low ATM penetration have strong mobile phone usage. Thus it follows that the use of phone cards is wide spread across these regions. By imitating the mobile phone card distribution model, Oracol Xor will become an instant success, enabling anyone in any part of the world – connected or not – to become a crypto currency holder. Furthermore, through this process the consumer will become part of the Oracol Xor Platform, allowing them to immediately start making mobile payments and purchases using Oracol Xor crypto currency.
• The Oracol Xor solution is as simple as it is common worldwide. We present you our LowTech solution – XOR denominated cards.
Issuance of Oracol Xor denominated cards to be sold in local currencies will be available at local stores worldwide using a distribution/marketing method similar to those of mobile phone cards. This simple but effective solution is as easy to use as a phone card, and once registered (using our data less browser solution for mobile phones) in our Gateway/Exchange the funds are instantly available without the need for any other complex processes. Funds are free to transfer between users of Oracol Gateway/Exchange and are convertible into other crypto currencies via cryptocurrency exchanges everywhere.
• Such distribution networks are easy to model after successful supply chains for phone cards that already exist.
• Finally, our grass roots method leverages decentralized distribution to build brand recognition and network participation worldwide.

https://preview.redd.it/k15ripgo09z21.png?width=372&format=png&auto=webp&s=4ec9d16ed5e4436f36539eb6e98c6a82d4edc895
2 – Develop a proprietary global telecom solution that connects areas with low data coverage to Oracol Xor mobile money.
Due to infrastructural constraints, over 3 billion people use mobile phones without reliable data access in the developing world. As a result, trading or paying with phone credits is common practice. Mobile phone solutions using 2G or 3G networks such as M-Pesa are already a success, representing a unique opportunity. Oracol Xor platform is ready to enter the market as a disruptive technology, and coupled with pillars 1 and 3 is sure to change the existing industry landscape. In 2016 $216 billion dollars were transacted through the mobile payment networks (mobile money) averaging to some 30,000.00 transactions per minute. Below are some stats and industry trends:

https://preview.redd.it/40yufi2u09z21.png?width=591&format=png&auto=webp&s=eb9ae2510ec508aad09294d3189f1292fbafa409
3 – Creating the Oracol Xor Social Network and Online presence
Social Media - No successful platform thrives without a strong social network component, with the most successful examples being Facebook and YouTube. Subscriber count and the number of average daily users across all social networks is currently staggering. However, not a single social network has yet successfully incorporated crypto currency into its ecosystem. One of the main goals of Oracol Xor platform is to develop a social media network that will incorporate the use of XOR cryptocurrency either through monetization or as a form of online payment. Once operational at full capacity the Social Media website will encourage further adoption and create its unique imprint with XOR flavor.
Given current market conditions and the complicated legislation governing most the popular social US-based media companies, Oracol Xor social media platform will locate its servers in a jurisdiction where freedom of the internet is guaranteed. It is confirmed that the number of subscribers to these companies is declining as we speak due to various factors and practices and that currently a veritable “war” for supremacy and the biggest piece of the advertising space pie is being conducted online. Oracol Xor will step in as an independent player without the restrictions that currently are hampering other companies (except the common sense restrictions such a violence, porn etc). As indicated in the statistics below, it is expected that the declining subscription numbers will continue as consumers look for alternative social networks, free from censorship and “throttling” policies. This presents us as a platform, a perfect opportunity to introduce the world to a new and innovative social networking solution that integrates cryptocurrency as a method of payment. Rumors have it that Facebook is working on integrating a possible use of Ethereum but there are no confirmed reports to date.
By pioneering this integration, Oracol Xor social network and platform will establish itself as a major force in the industry through its innovative approach to best practice, paving the way for exponential revenue growth and subscriber count. Additional income from advertisement revenue will consolidate the XOR economy and increase the overall value of the digital asset.
At this time Oracol Xor has already launched its incipient version of the Social Network website and is working towards further developing components that will enhance the use and make it more user friendly.
https://oracolxor.world
submitted by yurdi to ICOAnalysis [link] [comments]

Online Bitcoin Trading: Discover The Keys To Making A Powerful Earnings Trading Bitcoin

Action 1 - Comprehending Bitcoin And The Block-Chain

Bitcoin is a peer-to-peer payment system, otherwise called electronic cash or virtual currency. It provides a twenty-first century option to traditional banking. Exchanges are made through "e wallet software application". The bitcoin has in fact overturned the conventional banking system, while running beyond federal government guidelines.
Bitcoin utilizes modern cryptography, can be provided in any fractional denomination, and has a decentralized circulation system, remains in high need worldwide and provides numerous unique benefits over other currencies such as the United States dollar. For one, it can never ever be garnished or frozen by the bank( s) or a federal government company.
Back in 2009, when the bitcoin deserved simply 10 cents per coin, you would have turned a thousand dollars into millions, if you waited simply 8 years. The variety of bitcoins offered to be bought is restricted to 21,000,000. At the time that this short article was composed, the overall bitcoins in flow was 16,275,288, which indicates that the portion of overall bitcoins "mined" was 77.5%. at that time. The present worth of one bitcoin, at the time that this short article was composed, was $1,214.70 USD.
According to Costs Gates, "Bit coin is amazing and much better than currency". Bitcoin is a de-centralized type of currency. There is no longer any requirement to have actually a "relied on, third-party" included with any deals. By taking the banks out of the formula, you are likewise removing the lion's share of each deal cost. In addition, the quantity of time needed to move cash from point A to point B, is lowered formidably.
The biggest deal to ever occur utilizing bitcoin is one hundred and fifty million dollars. This deal happened in seconds with very little charge's. In order to move large amounts of cash utilizing a "relied on third-party", it would take days and expense hundreds if not countless dollars. This discusses why the banks are strongly opposed to individuals purchasing, offering, trading, moving and investing bitcoins.
Just.003% of the worlds (250,000) population is approximated to hold a minimum of one bitcoin. And just 24% of the population understand what it is. Bitcoin deals are gotten in chronologically in a 'blockchain' simply the method bank deals are. Blocks, on the other hand, resemble specific bank declarations. Simply put, blockchain is a public journal of all Bitcoin deals that have actually ever been performed. It is continuously growing as 'finished' blocks are contributed to it with a brand-new set of recordings. To utilize standard banking as an example, the blockchain resembles a complete history of banking deals.

Action 2 - Establishing Your E Wallet Software Application Account

As quickly as you produce your own special e wallet software application account, you will have the capability to move funds from your e wallet to a receivers e wallet, in the type of bitcoin. If you want to utilize a bitcoin ATM to withdraw funds from your account, basically you will connect your e wallet 'address' to the selected Automated Teller Machine e wallet 'address'. To help with the transfer of your funds in bitcoin to and from a trading platform, you will just connect your e wallet 'address' to the e wallet 'address' of your picked trading platform. In reality, it is a lot easier than it sounds. The knowing curve in relation to utilizing your e wallet, is really brief.
To establish an e wallet, there are a myriad of business's online that use safe, safe, totally free and turn-key e-wallet services. An easy Google search will assist you discover the best e wallet software application for you, relying on what your requirements are precisely. Lots of people get going utilizing a "blockchain" account. This is complimentary to establish and extremely protected. You have the choice of establishing a two-tier login procedure, to even more boost the security and security, in relation to your e wallet account, basically securing your account from being hacked into.
There are lots of choices when it pertains to establishing your e wallet. An excellent location to begin is with a business called QuadrigaCX. You can discover them by doing a Google search. Quadrigacx utilizes a few of the most strict security procedures that presently exist. Moreover, Bitcoins that are moneyed in QuadrigaCX are saved in freezer, utilizing a few of the most safe and secure cryptographic treatments possible. To put it simply, it is an extremely safe location for your bitcoin and other digital currencies.
In order to withdraw cash in your regional currency, from your e wallet, you are needed to find a bitcoin ATM, which can typically be discovered in regional companies within a lot of significant cities. Bitcoin ATM's can be found by doing a basic Google search.

Action 3 - Purchase Any Fractional Denomination Of Bitcoin

To purchase any quantity of bitcoin, you are needed to handle a digital currency broker. Similar to any currency broker, you will need to pay the broker a charge, when you acquire your bitcoin. It is possible to purchase.1 of bitcoin or less if that is all that you wish to acquire. The expense is just based upon the existing market price of a complete bitcoin at any offered time.
There are a myriad of bitcoin brokers online. A basic Google search will permit you to quickly source out the very best one for you. It is constantly an excellent concept to compare their rates prior to continuing with a purchase. You need to likewise verify the rate of a bitcoin online, prior to finding a place to buy bitcoin, as the rate does tend to vary regularly.

Step 4 - Keep Away From Any Trading Platfrom Promising Unrealistic Returns To Unwary Financiers

Discovering a respectable bitcoin trading business that provides a high return is vital to your online success. Making 1% each day is thought about a high return in this market. Making 10% each day is difficult. With online bitcoin trading, it is practical to double your digital currency within ninety days. You should prevent being tempted by any business that is providing returns such as 10% daily. This kind of a return is not practical with digital currency trading. There is a business called Coinexpro that was using 10% daily to bitcoin traders. And it wound up being a ponzi plan. If it's 10% each day, leave. The abovementioned trading platform seemed really advanced and discovered as being genuine. My recommendations is to concentrate on trading your bitcoin with a business that uses affordable returns such as 1% daily. There will be other business that will try to separate you from your bitcoin utilizing unethical techniques. Be extremely mindful when it pertains to any business that is using impractical returns. When you move your bitcoin to a recipient, there is actually absolutely nothing your can do to get it back. You need to make sure that your selected trading business is completely automated & incorporated with blockchain, from invoice to payment. More notably, it is vital that you find out to distinguish genuine trading chances from deceitful "business's" that are specialists when it concerns separating it's customers from their cash. The bitcoin and other digital currencies are not the concern. It is the trading platforms that you should work out care with, prior to turning over your hard-earned cash.
Your ROI ought to likewise be upwards of 1%+ daily due to the fact that the trading business that you are providing your bitcoin to, is more than likely earning upwards of 5%+ each day, usually. Your ROI needs to likewise be immediately moved into your "e-wallet" at routine periods, throughout your agreement term. There is just one platform that I feel comfy utilizing. It pay's each bitcoin investotrader 1.1% daily in interest in addition to 1.1% each day in capital. This kind of a return is staggering compared to what you would make with standard monetary markets, nevertheless, with crypto currency, it prevails. A lot of banks will payment 2% annually!
If you are needed to carry out tiresome activities such as logging into your account, sending out e mails, clicking links etc, you certainly require to keep looking for an appropriate trading business that uses a set-it-and-forget-it kind of platform, as they definitely exist.
submitted by Katherine4512 to Bitcoinshow [link] [comments]

Spending cryptocurrency in real life

Spending cryptocurrency in real life

https://preview.redd.it/vub9kkc3bu241.jpg?width=900&format=pjpg&auto=webp&s=6ce5318173bae6642128286945be9a2ea3e70e4e
Let’s dream that you are traveling on an imaginary tour. And during the whole trip you have only bitcoins with you. Is it possible to get from point A to point B using cryptocurrency only?
Today we can buy, sell, exchange cryptocurrency, and even pay for real items and services with it. Now cryptocurrency is an ultrafashionable digital currency that is still not recognized as an official payment method in different countries. Many countries accept cryptocurrency as something like stocks and securities only but it doesn’t mean that it couldn’t be used as money. Global corporations such as Expedia, Dell and Microsoft are active users of a new payment method. Such way of purchases is not very popular in the world at large at the moment but there are several methods to buy something.
https://preview.redd.it/kh52an84bu241.jpg?width=1600&format=pjpg&auto=webp&s=5fa8c9e22ee33cc26da9716f5191289c6e098de6
First of all, we need to buy tickets, a tour package or book a room in the Hotel. CheapAir, Destina, Expedia, TravelForCoins and some other services will help us to do it. In other words, with a strong desire, you can travel everywhere you want.
Secondly, just in case we can get a pool of fiat money for extras. Ultra-modern Bitcoin ATM will help us. About 58 countries have Bitcoin ATMs. The USA, Canada, and Great Britain are on the top of the rating by the number of machines. ATMs are very modern and smart. The interesting fact is that you can find these machines in a small eatery or a grocery store right between alcohol bottles and magazines.
https://preview.redd.it/xt8s4325bu241.jpg?width=850&format=pjpg&auto=webp&s=184c213da750bc440a3cffe7d3f53b8e8d34bdcd
Thirdly, we have to be ready for the trip and buy a suitcase, a swimsuit or a pair of comfortable shoes. Online shopping will help us with that.
There are hundreds of online stores that accept cryptocurrency, for example, Aliexpress, Overstock, Amazon and many others. If stores accept Bitcoin, there will be an orange and white Bitcoin logo on a par with other methods of payment. Everybody should be as attentive as possible in the process of payment for purchases because if a user makes a mistake he can stay without goods and money.
Nowadays there are even special platforms like Particl where you can buy goods for cryptocurrency only. The main idea of the Particl ecosystem is the building of a digital marketplace. Users can pay with PART coins or choose other cryptocurrencies to make a deal there.
If there are some difficulties with payment in Bitcoins, you will always have an opportunity to buy a gift card online and continue your shopping. One such service of converting cryptocurrency into gift cards is redeeem com. It is a trusted peer-to-peer crypto gift card exchange service. Using Bitcoin and dozens of other cryptocurrencies you will be able to buy something on Amazon, Walmart, or some other global shopping platforms and get a 20% discount or more.
https://preview.redd.it/u8lg56h6bu241.jpg?width=1200&format=pjpg&auto=webp&s=89718777989c2cd93a4a0f4c988b6469b77316bb
Fourthly, you may get bored on the way, so we offer you to download an App and become acquainted with CryptoKitties.
It is a game in which you can buy, sell and grow virtual cats and get benefits. This application blew up the Internet. There are no two similar cats, everyone is unique and has a special set of features. The cat seller sets the initial price at the auction and defines its duration. If the cat is on sale for a long time – it’s getting cheaper. It is not necessary to buy a cat, because everyone can create it. Cats owners have to agree on the creation of an offspring. The owner of a female cat will have a new pet and a male cat owner will get Ethereum. Characteristics of a “newborn” cat will depend on 256-bit genes of “mom and dad”.
Perhaps you will get hungry on the way, and there is no need to go far to find a place where you can eat and pay in Bitcoin. Everybody knows the Subway fast-food restaurant. It is the first cafe where Bitcoin started to be accepted as an official payment because the founder of the restaurant chain is a big fan of digital currency.
Furthermore, if during the trip you want to rent a car for going to see the splendor of landscapes and architecture around, or buy gift certificates for the friend whose birthday you will miss due to travel, there are certain services where you can do it for crypto coins.
Maybe, who knows, your final destination called point B is the incredible outer space. Virgin Galactic group calls itself a high-technology company that is looking to the future and claims that bitcoin is our future. The price for a suborbital flight that they offer is 250 000 U.S. dollars or 342 BTC. The space tourism industry is at the initial stage of development now but it has good prospects.
https://preview.redd.it/lgekkrp7bu241.jpg?width=1159&format=pjpg&auto=webp&s=4b9314cd999f0e2346475b13b0b7f19be649a8cc
As you can see cryptocurrency is legal in many countries and the number of places where you can use it is growing every year. If you would like to know more about the services where we can buy something for digital coins, you can take a look at a special service – coinmap org. It covers the whole world and shows how many places have accepted cryptocurrency in your country. You can also check their location there.
Welcome to the new decentralized world of cryptocurrency!
submitted by SimpleSwapExchange to ethtrader [link] [comments]

Humanitarian Stellar / XLM Adoption in Cúcuta, Colombia

Humanitarian Stellar / XLM Adoption in Cúcuta, Colombia

Humanitarian Crypto Adoption in Cúcuta, Colombia

Business plan schedule for 2020

Page:
  • General description and background……………………………………………….... 2
  1. Description
  2. General overview
    1. Declaration of goals
    2. General overview
    3. Key objectives
    4. Regional analysis
    5. Key Partners
  • Description of the project………………………………………………………………. 5
  1. The Scope & demarcation of the project
  • Market adoption strategy
  1. Deliverables: Crypto Education Hub
  • Timeline
  • Budget
  1. Programming: Events
  • Budget
  1. Conditions
  2. Payment/Delivery Dates
  • Additional Notes………………………………………………………………………… 9
    • Pain points of the client
    • Operations
      • Tools
      • Future Services

https://www.youtube.com/embed/SsYbS-rco00


1. General Description and Background

- - - - - - - -- - - - - - - -
Description: Cripto Conserje will drive adoption of crypto payments for merchants in LATAM through POS hardware, training and customer support. The goal of Cripto Conserje and its strategic partners is to help Cúcuta, Colombia become the first city in the world to reach 50% crypto adoption, meaning that 50% or more of the local merchants have a crypto-enabled POS (point of sale) system and in doing so developing a framework for cryptocurrency merchant adoption entering different cities in LATAM.
- - - - - - - -- - - - - - - -
Goal Statement: Our goal is to empower local economic actors such as merchants and individuals by providing financial tools that increase liquidity and facilitate means of exchange. We do this through the use of digital assets and grass-roots educational training. In addition to providing direct humanitarian relief to refugees throughout Latin America, our aim is to encourage adoption and to stimulate economic activity.
In order for crypto-adoption to take place, local merchants must be trained and encouraged to accept crypto as a form of payment. This requires a multi-faceted approach.
Table 1: General description
Programs
Processes
Goal
Education
  • Educational material
  • Training videos
  • Training programs
  • Help desk
  • In store / Location marketing
Build a customer base
Hardware
  • POS system for merchants
  • Wallets
  • Hot and cold storage devices
Build Infrastructure
Business and financial services
  • Strategy consulting
  • Fiat exchanges
Build economy
Applications
  • Toshl (accounting)
  • Cointigo
  • Exchanges / ATMs
Build value

Key Objectives

1. Short term milestones

  • Launch Crypto Education Hub in Cúcuta. In partnership with South American Initiative, Cripto Conserje has acquired land to build a community center near Cúcuta.
  • Complete Merchant Adoption pilot program, targeting 100 participating merchants.
  • Improve Testing environment and questionnaires with enhanced features such as automatic reward system based on user experience and knowledge base acquired
  • Offer financial access via SMS by 3rd party service provider CoinTigo.io (see Key Partners for more details)
  • Create educational material; training videos and in-site programs / fast-tracks
  • Advertising and Marketing
  • Live support and online helpdesk for crypto asset management.
  • Repeat model with merchants outside of Cúcuta.

2. Long term milestones

  • Achieve +50% crypto adoption in a major city in Latin America
  • Provide support and aid to economically distressed populations living in Cúcuta, Colombia, especially Venezuelan refugees
  • Prove cryptocurrencies are a workable form of digital cash
  • Establish a successful and safe business operation that is can be easily replicated

Future services include:

  • Help Desk for clients and merchants (regarding issues with wallets, exchanges, etc…)
  • Consulting and continued education (such as crypto asset management courses, walking the client through things like staking, masternodes, and automated trading such as index strategies, lending, etc.)
  • Fiat Exchanges as a service at POS
Regional Overview:
Colombia is among the countries in Latin America with the highest trading volumes of Bitcoin (digital asset). Despite this high volume of trading, few businesses in the region accept cryptocurrencies as a means of payment. There are several explanations for this which include but are not limited to:
  • Lack of Trusted service providers
  • Limited Knowledge Base and “Know-How”
  • Ambiguous legal framework
The Venezuelan diaspora in Cúcuta presents a unique opportunity for these types of projects. Typical crypto asset volatility pales in comparison to the high currency inflation of the Bolivar. A decentralized system, that functions trust-free, is perfect for a displaced population that has limited access to financial services such as banking, savings, and credit. Our main objective is to align the right economic incentives to encourage self-governing communities and autonomous projects, as well as the right educational material and leadership to gain the interest of regional communities.
Cripto Conserje strives to bring financial freedom to Latin America, a region comprised of more than 20 countries with a population of 650 Million people. The regional GDP represents over $10T, however 45% of the population is unbanked. There is a strong need for digital assets adoption in Latin America, particularly among Venezuelans who are suffering under one of the most dramatic economic crises in recent history.
Our initial scope is a three-tier program to increase adoption in Cúcuta.
  1. Online Testing Environment: We will deploy an online test environment to measure the effectiveness of educational training and workshops. After participants and merchants receive technical training, they will take a simple questionnaire to measure the knowledge base and demonstrate a basic understanding of the technology. Once the questionnaire is completed, a paper wallet will be generated and automatically funded with cryptocurrency.
  2. Merchant Onboarding: We will onboard 100 local merchants to begin accepting digital assets as payments using on-site training and digital assets capable point of sales equipment.
  3. End-user Adoption: After merchants are onboarded, we will work with them and local community organizers to distribute 300.000 paper wallets to people living in Cúcuta. Individuals can use these paper wallets at participating merchants for food and other basic goods.
KEY PARTNERS Cripto Conserje has key partners working on the initial Alpha Project. Their support is critical to launching a three-pronged approach to increase crypto adoption in Cúcuta. If you would like to get involved, please contact us.

https://preview.redd.it/dh1tb8rtnb541.png?width=388&format=png&auto=webp&s=825d0b502864f2f7553ef7b7266c81d54ad22ac9
is a group of engineers who provide a service where you can Send & Receive Crypto Currencies Over SMS, No Smartphone or internet needed!, Accept cryptocurrencies in your business, make crypto payments without Internet or become a crypto/local currency exchange in your area in seconds. Much of the construction of Cripto Conserje is thanks to them. Welcome to “layer0” http://cointigo.io/
https://preview.redd.it/g1873xx7ob541.png?width=375&format=png&auto=webp&s=7b90d2b4718eba83665fe6260b186684d9e73684
is the second largest (Red Cross is first) NGO in Venezuela to supply orphanages, hospitals, and desperate families with food, medicine, and shelter. SAI began operating in Venezuela providing humanitarian aid to hospitalized patients, orphaned children, the homeless, elderly who have been abandoned and forgotten in nursing homes and families who do not have shelter or food to eat. It has the only medical program offering help to the epileptic children of Venezuela. https://sai.ngo/
https://preview.redd.it/cbwaza9zob541.png?width=382&format=png&auto=webp&s=45ed624e07bdfdf5f4d98da55672195fb91dc6fa
is a budgeting app that is accessible both via a web-based app and on virtually any mobile device. Toshl’s goal is to make money fun, so they’ve set up a friendly user interface to help you evaluate past spending habits, get a snapshot of your current finances, build realistic budgets for the future, and even remind you when bills are due. They will be donating their PRO subscription to all of our clients a $20 per year subscription. Giving our vendors the ability to link unlimited accounts and create unlimited budgets, they’ll also be able to upload pictures of receipts. https://toshl.com/.

2. Project Description:

Project demarcation: Cripto Conserje has been in operation since April of 2018. We have conducted eight successful training workshops with merchants, paper wallets and different point of sales. We are one of the few projects tackling this problem with local team leads on the ground. We are currently at the second tier of our project.
Digital assets can provide economic stability throughout Latin America, particularly in places such as Venezuela where communities are suffering from severe shortages of food and medicine. Our vision is to achieve 50% crypto adoption in major cities like Bogota, Mexico City, and Buenos Aires.
We report the results of our events and also record videos of the event in progress before the data are in, so that we can be accountable for the results. We also run smaller, non-experimental tests to learn more about what works best and how different types of recipients spend funds they receive. This was how we began our project with 2 paper wallets and an informal merchant.
Defining the scope of the current project:

Market adoption strategy

We want to establish security and sustainability for this cryptocurrency project. In order for a cryptocurrency to be used as a daily use currency, there must be a reliable ecosystem to support both supply and demand.
  • Determine market share adoption process
  • Identify need for crypto POS systems among local merchants
    • Food
    • Medicine
    • Houses and renting
  • Critical adoption locations
    • Market
    • Pharmacies
    • Landlords
We plan to establish Decentralized Finance or “DeFi” accounts and other forms of passive income like hosting MasterNodes as a method of cash flow generation and volatility mitigation for the client (merchants). This will help grow the network and users of cryptocurrency in Colombia and eventually throughout Latin America.
Crypto Education Hub: a Partnership with South American Initiative & Cripto Censerje Institute
SAI & Cripto Conserje are building a facility in Colombia to educate and train Venezuelan refugees crossing the border.
Education is critical so that refugees can learn skills, gain employment and integrate into the local economy. .
Total facility size will be between 2,500 sq. ft. to 3,500 sq. ft. This facility will allocate 50% of the space for Cripto Conserje that will allow for Cryptocurrency education and additional vocational training to help Latin Americans achieve their goals of independent living in Colombia.
Timeline
6-months to 1-year for construction depending construction permits, resource allocation, and site selection.
  1. This timeline does not begin until land is purchased.
  2. Land purchase time is approximately 1-4 months. [IN PROCESS]
  3. Permits 1-3 months for government approval. [IN PROCESS]
  4. Blueprint design and resource allocation [COMPLETE]
  5. SAI will provide staffing for its portion to operate facility
Estimated Education Hub Budget

https://preview.redd.it/kztprhv5rb541.png?width=978&format=png&auto=webp&s=8f908fa05656f76b89c1f2ba524bfef9faabda42
* Materials for interior customization and furniture will be additional costs and depend on Cripto Conserje design and specification. SAI will provide ‘ready-to-use’ office space. Cripto Conserje will furnish remaining spaces for training and local offices.
Training Workshops Budget: The next phase of this project already underway will cost $15,000 USD. These funds will cover developer costs, hardware, shipping, and merchant training sessions.
Table 2: Budget for the Requirements

https://preview.redd.it/f7e3mdocrb541.png?width=1044&format=png&auto=webp&s=c88241e05b69093089514d578788f7a337a18900
Conditions:
Set funding budget and scope to with a tentative timeline prior to start. We also require that funds be exchanged into local currency, our merchants can not live off crypto yet. All media published regarding this event shall have a review process where both parties clear regarding the messaging and delicate nature of human suffering in the crisis.

3. Additional Notes

Customer Pain Points:
Crypto Concierge focuses on helping local merchants set up and manage a crypto-payment solution. Below the three-pronged approach herein has been tabularized and will be used to address the customers key pain points.

https://preview.redd.it/g0j2koqmrb541.png?width=1069&format=png&auto=webp&s=af70abba8ff8f9157db65bddfd4085827c058998
Operations: Market/ merchant adoption is our primary objective. Establishing security and sustainability for a crypto project means getting off the exchanges. The evolution from being a “trader coin” or store of value to being a daily use currency means building belief at the intersection of supply and demand. We are proposing a project that empowers local merchants to use crypto. These services include:
Tools:
  • Personalized/custom SMS POS, Toshl, (see Key Partners for more details)
  • Cryptocurrency Wallets
  • Educational Material: in the form of training videos and in-person programs
  • Advertising and Marketing
    • Merchant Maps, filter by type (storage facilities, drug stores, markets, etc…)
    • Commercialization: in Store/ Location marketing of crypto POS (use of QR stickers in retail)
  • Live support and online helpdesk for crypto asset management.

Future services include:

  • Help Desk for clients and merchants (regarding issues with wallets, exchanges, etc…)
  • Consulting and continued education (such as crypto asset management courses, walking the client through things like staking, masternodes, and automated trading such as index strategies, lending, etc.)
  • Fiat Exchanges as a service at POS

4. Conclusion & Desired Outcomes

Crypto Conserje’s project is aligned with the mission of the broader crypto-community: contributing to humanity through innovation. Our partners will gain brand awareness and user adoption in the emerging crypto-market of LATAM. Ultimately, Crypto Conserje hopes this project will alleviate the humanitarian and economic crisis faced by the people of Cúcuta by giving them an alternative payment system. Finally, we hope this project turns into a blueprint for entering different cities in LATAM.
Find out more on our website: www.criptoconserje.com
Our Youtube Channel or Medium Blog
submitted by criptoconserje to Stellar [link] [comments]

Spending cryptocurrency in real life

Spending cryptocurrency in real life

https://preview.redd.it/ldufepyb7u241.jpg?width=900&format=pjpg&auto=webp&s=a947e0548bf60f2d8b4b28c78396cc05c76c947f
Let’s dream that you are traveling on an imaginary tour. And during the whole trip you have only bitcoins with you. Is it possible to get from point A to point B using cryptocurrency only?
Today we can buy, sell, exchange cryptocurrency, and even pay for real items and services with it. Now cryptocurrency is an ultrafashionable digital currency that is still not recognized as an official payment method in different countries. Many countries accept cryptocurrency as something like stocks and securities only but it doesn’t mean that it couldn’t be used as money. Global corporations such as Expedia, Dell and Microsoft are active users of a new payment method. Such way of purchases is not very popular in the world at large at the moment but there are several methods to buy something.
https://preview.redd.it/uwt5lizd7u241.jpg?width=1600&format=pjpg&auto=webp&s=c9402c38d644285dddb4fff74e632bd5ff343535
First of all, we need to buy tickets, a tour package or book a room in the Hotel. CheapAir, Destina, Expedia, TravelForCoins and some other services will help us to do it. In other words, with a strong desire, you can travel everywhere you want.
Secondly, just in case we can get a pool of fiat money for extras. Ultra-modern Bitcoin ATM will help us. About 58 countries have Bitcoin ATMs. The USA, Canada, and Great Britain are on the top of the rating by the number of machines. ATMs are very modern and smart. The interesting fact is that you can find these machines in a small eatery or a grocery store right between alcohol bottles and magazines.
https://preview.redd.it/46i871vf7u241.jpg?width=850&format=pjpg&auto=webp&s=df823350823da758f53a0bcb4577402efb2a4d80
Thirdly, we have to be ready for the trip and buy a suitcase, a swimsuit or a pair of comfortable shoes. Online shopping will help us with that.
There are hundreds of online stores that accept cryptocurrency, for example, Aliexpress, Overstock, Amazon and many others. If stores accept Bitcoin, there will be an orange and white Bitcoin logo on a par with other methods of payment. Everybody should be as attentive as possible in the process of payment for purchases because if a user makes a mistake he can stay without goods and money.
Nowadays there are even special platforms like Particl where you can buy goods for cryptocurrency only. The main idea of the Particl ecosystem is the building of a digital marketplace. Users can pay with PART coins or choose other cryptocurrencies to make a deal there.
If there are some difficulties with payment in Bitcoins, you will always have an opportunity to buy a gift card online and continue your shopping. One such service of converting cryptocurrency into gift cards is redeeem com. It is a trusted peer-to-peer crypto gift card exchange service. Using Bitcoin and dozens of other cryptocurrencies you will be able to buy something on Amazon, Walmart, or some other global shopping platforms and get a 20% discount or more.
https://preview.redd.it/7fuygybi7u241.jpg?width=1200&format=pjpg&auto=webp&s=761765a3e3fefc2343d4031891ef20c6603204e3
Fourthly, you may get bored on the way, so we offer you to download an App and become acquainted with CryptoKitties.
It is a game in which you can buy, sell and grow virtual cats and get benefits. This application blew up the Internet. There are no two similar cats, everyone is unique and has a special set of features. The cat seller sets the initial price at the auction and defines its duration. If the cat is on sale for a long time – it’s getting cheaper. It is not necessary to buy a cat, because everyone can create it. Cats owners have to agree on the creation of an offspring. The owner of a female cat will have a new pet and a male cat owner will get Ethereum. Characteristics of a “newborn” cat will depend on 256-bit genes of “mom and dad”.
Perhaps you will get hungry on the way, and there is no need to go far to find a place where you can eat and pay in Bitcoin. Everybody knows the Subway fast-food restaurant. It is the first cafe where Bitcoin started to be accepted as an official payment because the founder of the restaurant chain is a big fan of digital currency.
Furthermore, if during the trip you want to rent a car for going to see the splendor of landscapes and architecture around, or buy gift certificates for the friend whose birthday you will miss due to travel, there are certain services where you can do it for crypto coins.
Maybe, who knows, your final destination called point B is the incredible outer space. Virgin Galactic group calls itself a high-technology company that is looking to the future and claims that bitcoin is our future. The price for a suborbital flight that they offer is 250 000 U.S. dollars or 342 BTC. The space tourism industry is at the initial stage of development now but it has good prospects.
https://preview.redd.it/oz5wk3dk7u241.jpg?width=1159&format=pjpg&auto=webp&s=bc7cd5b3e99c28e64edb0f4e82c42c6cf0ea4def
As you can see cryptocurrency is legal in many countries and the number of places where you can use it is growing every year. If you would like to know more about the services where we can buy something for digital coins, you can take a look at a special service – coinmap org. It covers the whole world and shows how many places have accepted cryptocurrency in your country. You can also check their location there.
Welcome to the new decentralized world of cryptocurrency!
submitted by SimpleSwapExchange to CryptoBeginners [link] [comments]

Spending cryptocurrency in real life


https://preview.redd.it/40tl05q99u241.jpg?width=900&format=pjpg&auto=webp&s=86afe6aaa82da48496d39301b7219512222b03dc
Let’s dream that you are traveling on an imaginary tour. And during the whole trip you have only bitcoins with you. Is it possible to get from point A to point B using cryptocurrency only?
Today we can buy, sell, exchange cryptocurrency, and even pay for real items and services with it. Now cryptocurrency is an ultrafashionable digital currency that is still not recognized as an official payment method in different countries. Many countries accept cryptocurrency as something like stocks and securities only but it doesn’t mean that it couldn’t be used as money. Global corporations such as Expedia, Dell and Microsoft are active users of a new payment method. Such way of purchases is not very popular in the world at large at the moment but there are several methods to buy something.
https://preview.redd.it/0wpdgu6b9u241.jpg?width=1600&format=pjpg&auto=webp&s=8069e1e22561dbae313f74b9113fbec5ec0401a3
First of all, we need to buy tickets, a tour package or book a room in the Hotel. CheapAir, Destina, Expedia, TravelForCoins and some other services will help us to do it. In other words, with a strong desire, you can travel everywhere you want.
Secondly, just in case we can get a pool of fiat money for extras. Ultra-modern Bitcoin ATM will help us. About 58 countries have Bitcoin ATMs. The USA, Canada, and Great Britain are on the top of the rating by the number of machines. ATMs are very modern and smart. The interesting fact is that you can find these machines in a small eatery or a grocery store right between alcohol bottles and magazines.
https://preview.redd.it/ub6bfrac9u241.jpg?width=850&format=pjpg&auto=webp&s=e5e28d0032030d488e62f0dd9d586a476f67fa45
Thirdly, we have to be ready for the trip and buy a suitcase, a swimsuit or a pair of comfortable shoes. Online shopping will help us with that.
There are hundreds of online stores that accept cryptocurrency, for example, Aliexpress, Overstock, Amazon and many others. If stores accept Bitcoin, there will be an orange and white Bitcoin logo on a par with other methods of payment. Everybody should be as attentive as possible in the process of payment for purchases because if a user makes a mistake he can stay without goods and money.
Nowadays there are even special platforms like Particl where you can buy goods for cryptocurrency only. The main idea of the Particl ecosystem is the building of a digital marketplace. Users can pay with PART coins or choose other cryptocurrencies to make a deal there.
If there are some difficulties with payment in Bitcoins, you will always have an opportunity to buy a gift card online and continue your shopping. One such service of converting cryptocurrency into gift cards is redeeem com. It is a trusted peer-to-peer crypto gift card exchange service. Using Bitcoin and dozens of other cryptocurrencies you will be able to buy something on Amazon, Walmart, or some other global shopping platforms and get a 20% discount or more.
https://preview.redd.it/2oltbpcd9u241.jpg?width=1200&format=pjpg&auto=webp&s=b9adebb7e37dccb00965c3f51e4dd1ae9df35513
Fourthly, you may get bored on the way, so we offer you to download an App and become acquainted with CryptoKitties.
It is a game in which you can buy, sell and grow virtual cats and get benefits. This application blew up the Internet. There are no two similar cats, everyone is unique and has a special set of features. The cat seller sets the initial price at the auction and defines its duration. If the cat is on sale for a long time – it’s getting cheaper. It is not necessary to buy a cat, because everyone can create it. Cats owners have to agree on the creation of an offspring. The owner of a female cat will have a new pet and a male cat owner will get Ethereum. Characteristics of a “newborn” cat will depend on 256-bit genes of “mom and dad”.
Perhaps you will get hungry on the way, and there is no need to go far to find a place where you can eat and pay in Bitcoin. Everybody knows the Subway fast-food restaurant. It is the first cafe where Bitcoin started to be accepted as an official payment because the founder of the restaurant chain is a big fan of digital currency.
Furthermore, if during the trip you want to rent a car for going to see the splendor of landscapes and architecture around, or buy gift certificates for the friend whose birthday you will miss due to travel, there are certain services where you can do it for crypto coins.
Maybe, who knows, your final destination called point B is the incredible outer space. Virgin Galactic group calls itself a high-technology company that is looking to the future and claims that bitcoin is our future. The price for a suborbital flight that they offer is 250 000 U.S. dollars or 342 BTC. The space tourism industry is at the initial stage of development now but it has good prospects.
https://preview.redd.it/iux2tbde9u241.jpg?width=1159&format=pjpg&auto=webp&s=50407e08f388b77c952f1068ba412c67d4d73ebd
As you can see cryptocurrency is legal in many countries and the number of places where you can use it is growing every year. If you would like to know more about the services where we can buy something for digital coins, you can take a look at a special service – coinmap org. It covers the whole world and shows how many places have accepted cryptocurrency in your country. You can also check their location there.
Welcome to the new decentralized world of cryptocurrency!
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In Toronto's Bitcoin Decentral Location using their ATM to buy Bitcoins Athena Bitcoin ATM - YouTube How To Find Bitcoin ATM Nearby You Sintra Bitcoin ATM Demo How To Buy BITCOIN At Your Local ATM

bitcoin atm locations in new york - 140 Centre St New York, NY - 10013 Direction: Fiat ⇄ Crypto ATM type: Genesis Coin Limit: Buy: $13000/txn, Sell: $2980/txn, Daily: $30000 Hours: Open 24/7 Details - New Jersey; Pennsylvania; Texas; Categories. Uncategorized (120) Search for: We've got you covered for all your needs Purchase. Find a Bitcoin ATM. Bitcoin Atm Locator Toronto - Coinmaporg - Map of Bitcoin accepting venues 2019-12-14T17:28:20+00:00 Bitcoin ATM Virtual Currency License Approved by NY Dept. London.London, Ontario job hunting resource site with a categorized list of the best job link for London and surround area. Work at Home Jobs in London, Ontario. A map of where to find the LTC London English language bitcore online school, including directions from the nearest underground stations.Free Checking at Star One Credit Union ... A Bitcoin Decentral ATM is installed for a long time since January 2014. It was the first Bitaccess ATM installed in the world. Anthony Di Iorio in one of Epicenter Episodes (127) mentioned (at ~4:00) that bitcoin ATM is very active at this location bringing 40-50 users per day. It still seems to be an exaggeration, otherwise this machine ... Here are some of the most popular bitcoin ATM locations in Downtown Vancouver: Kanata Tech Computers – 1425 Marine Dr, West Vancouver. Steamrollers – 1195 Robson Street, Vancouver. Lost and Found Cafe – 33 W Hastings St, Vancouver. Waves Coffee House – 900 Howe Street, #100 Vancouver. If you know of any others feel free to comment and we’ll add them.

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In Toronto's Bitcoin Decentral Location using their ATM to buy Bitcoins

In Toronto's Bitcoin Decentral Location using their ATM to buy Bitcoins - Duration: 3:21. Damian Montero 2,600 views. 3:21 . How Insane is El Chapo's Prison Cell Security? - Duration: 10:29. The ... Demo of Lamassu's Sintra Bitcoin ATM For more info: https://lamassu.is/product/sintra Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. In Toronto's Bitcoin Decentral Location using their ATM to buy Bitcoins - Duration: 3:21. Damian Montero 2,720 views. 3:21. Bitcoin ATMs - How To Use Them - Duration: 5:09. ... 00:21 STEP 1 how to use a bitcoin ATM: choose your option 00:41 STEP 2 bitcoin ATM tutorial: scan your QR code 00:59 STEP 3 how to use a bitcoin ATM: enter cash 01:30 STEP 4 bitcoin ATM tutorial ...

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