A $24 million mansion is going on sale in London — but you can only buy it in bitcoin

  • Lev Loginov, co-founder of property investment company London Wall, which bought the property in 2013, is hoping paying for property in bitcoin could be the future.
  • He said that the company has a pipeline of properties that will go on the market and only be available to buy in bitcoin.
  • Loginov’s broader thought is that property ownership records can be transformed with blockchain technology.
  • “It will have to be a specialist blockchain for property.
  • For example, the tax on the property that will be paid to the government after the sale could be a couple of million pounds.

The £17 million price tag equates to over 4,000 bitcoin at Friday’s price.
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Finally! A primer on cryptocurrency (Bitcoin) you will actually get, promise

What the heck is Bitcoin? 

Here's an explainer from CBC's @SarahSmellie

  • Scott Stevenson was pretty uneasy the first time be bought Bitcoin.
  • Think of it as digital cash – in a sense, Stevenson was right to call it “computer cash” or “internet money.”
  • Bitcoin value changes when a new coin is “released” into the network.
  • People tend to be attracted to Bitcoin and other cryptocurrency systems like Ethereum because there is no central regulator.
  • Most people with regular jobs, said Stevenson, aren’t going to have the time (or the nerves) to check in on the coin market multiple times a day.

How it is and isn’t like regular currency, and what to consider if you’re thinking of investing.
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Will Cryptocurrencies Ever Overtake Cash?

  • Yep, cryptocurrencies have definitely exceeded all expectations, majorly shaking up the financial sector and causing turmoil among various governments due to tax loopholes.
  • What’s most shocking about bitcoin, however, isn’t the amount of millionaires it has created since its inception, but that the experts state that the value is nowhere near the market cap, which could exceed $100,000 within the next decade!
  • Only time will tell…

    According to the Harvard Business Review, “Blockchain technology will have a similar impact on the financial services industry to what the Internet had to media.”

  • While this has little to do with blockchain technology, it’s proof that many of us now regard “physical cash” as a burden.
  • Spectre, the disruptive platform that removes financial brokers out of the equation and decentralizes and tokenises the liquidity pool against which traders trade, is an example of the decentralization benefits of the blockchain, and why many traders are choosing cryptocurrencies over more “tradtional” investments, such as stocks and bonds.

It’s been a crazy year for bitcoin. Not only has it comfortably surpassed the $4,000 mark, it’s now accepted by a variety of major online retailers – eve…
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Bitcoin Options Exchange Raises $11.4 Million in Funding

#bitcoin Options Exchange Raises $11.4 Million in Funding

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Ledger Holdings, the New York-based parent company of bitcoin options exchange LedgerX, said on Monday it closed $11.4 million in funding led by Miami International Holdings Inc and China’s Huiyin Blockchain Venture Investments.
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This Theory Will Change How You See ‘Willy Wonka & the Chocolate Factory’

This theory may change how you see

  • A new fan theory about “Willy Wonka the Chocolate Factory” suggests that the golden tickets in the movie weren’t handed out at random, as we thought.
  • The Redditor surmises that to pull this off, Wonka secretly had someone working for him: Bill, the guy running the candy shop.
  • Wonka instructs Bill to give the last ticket to a local kid, a poor kid, an unselfish kid.
  • As the Redditor told HuffPost, “I saw the movie a few times recently and realized that Wonka employs Slugworth, and if Wonka did have another agent, he probably would be the candy shop owner in town.
  • It also works with another “Chocolate Factory” theory that suggests Wonka had Bill and four other candy shop owners pick who got the tickets.

It’s even better than a golden ticket.
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Crowdfunding & Blockchain: A Perfect Match?

  • Blockchain crowdfunding might just be the next step in startup evolution, helping important and interesting projects come to fruition.
  • This allows them to raise funds from early investors, while the investors also have the potential to make money if the value of their cryptographic shares increases.
  • It also has the potential to boost new blockchain platforms, because it will give the blockchain community a new way to fund its own projects.
  • OpenLedger is one of the numerous projects that are popping up to apply blockchain technology to the field of crowdfunding.
  • CCEDK will hold the money in escrow, which allows companies to access much-needed funds and also reduces the risks for investors.

In the last few years, sites like Kickstarter and Indiegogo have revolutionized the world for startups. Ideas that didn’t have mainstream business …
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Ethereum based TokenCard is a Game-Changer for Global Financial Markets

  • The Federal Reserve, World Bank, big banks and virtually all major international financial institutions have created a broken system that steers wealth from the middle class into the coffers of big corporations.
  • Despite trillions of dollars that make up the flow of the global financial system, simply by moving money, money quickly finds it’s way in the pockets of governments and corporations.
  • In recent years, more than any other time in history, consumers are beholden to the imbalances and inequities of the financial markets around them.
  • This broken financial system has undermined the lives of working and middle class citizens around the world, destroyed families and collapsed entire economies.
  • TokenCard allows everyday consumers to spend their Ethereum and ERC20 tokens at VISA® terminals, which are present in virtually every country around the world.

The global financial markets are broken. For all of recent history, our livelihoods have been beholden to the economics of a financial market that does n…
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VOISE

  • VOISE will become a decentralized music streaming platform which will be developed using the blockchain technology and a personalized token based on the smart contract ecosystem of Ethereum.
  • The platform is constructed on the foundation of Ethereum’s smart contract technology and each user is free to stock up their earned tokens in the wallet of his own choice or the VOISE platform.
  • • The Alpha (a)

    The alpha phase is the initial stage of the VOISE platform where the cryptocurrency users are targeted to help build the finest decentralized music platform.

  • • The Beta ([3)

    The beta phase comprises of diverse methods of creating awareness, that endeavor to unlock the VOISE platform to users who are new to this type of technology.

  • The major challenge for making the VOISE platform a great success and beneficial for the entire community will be creating specific awareness about this technology.

VOISE will become a decentralized music streaming platform which will be developed using the blockchain technology and… by tonylondon
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Ethereum based TokenCard is a Game-Changer for Global Financial Markets

  • The Federal Reserve, World Bank, big banks and virtually all major international financial institutions have created a broken system that steers wealth from the middle class into the coffers of big corporations.
  • Despite trillions of dollars that make up the flow of the global financial system, simply by moving money, money quickly finds it’s way in the pockets of governments and corporations.
  • In recent years, more than any other time in history, consumers are beholden to the imbalances and inequities of the financial markets around them.
  • This broken financial system has undermined the lives of working and middle class citizens around the world, destroyed families and collapsed entire economies.
  • TokenCard allows everyday consumers to spend their Ethereum and ERC20 tokens at VISA® terminals, which are present in virtually every country around the world.

The global financial markets are broken. For all of recent history, our livelihoods have been beholden to the economics of a financial market that does n…
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Revealed: the huge profits earned by big banks on overseas money transfers

  • When senior Santander executives gathered in the principality of Andorra in January this year, the bank’s “innovation director” warned that a large chunk of its profits were at risk – because the juicy margins it earns on money transfers could be destroyed by new competitors.
  • The documents supporting these claims have since been leaked to Guardian Money, and reveal that Santander made €585m from money transfers – equal to nearly a tenth of its 2016 global profit of €6.2bn – and that it charges six times as much as rival TransferWise for sending £10,000 from the UK to Spain.
  • They were told that while TransferWise, a relatively new start-up in the money transfer business, was charging €64 to move £10,000 from the UK to Spain, Santander charged €394 – six times as much.
  • New entrants were “attacking the profitable slices” of its money transfer business, and if the bank charged the same as TransferWise its revenue would collapse from €585m to €95m, a fall of 84%.
  • “The document is for illustrative purpose only and shows the revenues (not profit) generated by Santander Group through international money transfer (IMT) across all our retail and commercial businesses in all countries.

An internal Santander memo leaked to Guardian Money says 10% of its global profits come from international cash transfers, and it charges six times more than newer rivals
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