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Bitcoin kangasBitcoin Goes Mainstream As Miss Universe Receives Lightning Torch - natur-holzbausteine.de
On social media, the model gained considerable acclaim, despite a conspicuous lack of feedback from non-crypto followers from Instagram. The event is not the first time the Torch has ventured outside of crypto, with perhaps its other outing also becoming its best-known when Twitter CEO Jack Dorsey took over in February.
As Bitcoinist reported , his custody was more than a token gesture, Dorsey subsequently pledging to integrate Lightning in both Twitter and his payments startup Square.
The latter is currently hiring developers for its dedicated venture, dubbed Square Crypto. Currently, the invoice lies with DJ Booth, creator of Lightning-enabled Bitcoin crowdfunding platform Tallycoin, where Torch creator Hodlonaut is currently raising funds for the plight of Venezuelans. According to monitoring resource 1ML. The figures represent monthly growth of 9.
Last week, a dedicated exchange appeared in the form of Bolt, which aims to allow Lightning-based trades between Litecoin and Bitcoin using a technology known as cross-chain atomic swaps. Let us know in the comments below! Could you be next big winner? I consent to my submitted data being collected and stored. Treasury, looking to decrease the reporting requirements Belarus has become a hot ground of the great Bitcoin experiment as the country dwells into one of its most disturbing civil crisis.
Indeed, Coin. But I think we are solving a basic problem of how to buy or sell bitcoin for fiat currency. And that basic problem was even more apparent in when the brothers first started in on the idea. Nikolaus, a Finnish programmer, was fascinated by bitcoin — a new stateless currency meant to take power away from the banks, and maybe even governments. But every website he went to that provided services for Finnish buyers was awful in that it was hard to use.
The Kangas brothers wanted to change that. For instance, last year, the U. Department of Justice sentenced a father-son duo of LocalBitcoins users, Michael and Randall Lord, to several years in prison for operating an unlicensed money transmission business.
Nikolaus said the team is very concerned about criminal activity on the site and cooperates with authorities to investigate any crimes that use the platform. What is clear, though, is that at least in the U. In this way, LocalBitcoins has set itself up to be only a technology provider and not a complicit party to any unlawful actions users of its technology might participate in.
This outsourcing of compliance responsibility is one of the reasons the company has been able to stay afloat, even in the face of competition from well-funded startups. Because LocalBitcoins generally facilitates trades of smaller amounts, they rarely attract scrutiny.
Since sanctions keep Iranian banking customers from accessing foreign markets, he told CoinDesk, Iranian traders use LocalBitcoins to find local sellers who accept wire transfers from Iranian banks.